US Pre Market Open: New trade set ups for GBP/JPY and the German Dax

AUD/USD strung itself along the 0.6700 handle for the second day in a row as the Aussie-Dollar pairing grapples with end-of-year market volumes restraining overall momentum. The Australian Dollar is looking upward as the Reserve Bank of Australia inches toward a fresh rate hiking cycle, with the US Dollar under pressure across the board from a dovish Federal Reserve (Fed) poised for further rate cuts through 2026.

USD/JPY remains caught in near-term congestion just north of the 156.00 handle during the final week of 2025’s trading year. Yen traders are battling headwinds on multiple fronts, with the Bank of Japan carrying much of the vexation risk for Yen markets.

Gold price got to recover some modest ground on Tuesday, holding on to intraday gains and changing hands at $4,360 a troy ounce in the American afternoon. The bright metal showed no reaction to the release of the FOMC December meeting minutes.

Ethereum (ETH) held the $2,900 level despite seeing increased selling pressure over the past week. The Exchange Netflow metric showed deposits outweighed withdrawals by about 400K ETH. The high value suggests rising selling activity amid the holiday season.

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

The highlight of the day was the Federal Open Market Committee (FOMC) Minutes of the December meeting released in the American afternoon. The Minutes showed that most participants are willing to deliver additional rate cuts if inflation declines over time.