US Pre Market Open: Adjusting set ups for AUD, CAD, charting copper oil, stock sectors

AUD/USD adds to Tuesday’s advance and clock strong gains past the 0.7100 hurdle ahead of the opening bell in Asia. Hotter-than-expected Australian inflation data in combination with the RBA’s hawkish stance continue to underpin the move higher in the pair.
 

EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as  Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.
 

Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.

The Financial Conduct Authority (FCA) in the United Kingdom (UK) is advancing toward the final stablecoin regulatory framework with a pilot program involving four companies, including Monee, Financial Technologies ReStabilise, Revolut and VVTX.

For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.

With the market mood improving, however, the USD started to lose its strength early Wednesday. Eurostat will publish revisions to January HICP data later in the day. Since the US economic calendar will not feature any high-impact data releases, market focus will remain on comments from Fed policymakers.