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AUD/USD: No changes to the range bound theme
Once again, AUD/USD navigated a vacillating session and ended around the 06650 zone despite the corrective retracement in the Greenback ahead of the release of key US PCE data.
EUR/USD: Bulls remained unconvinced
EUR/USD set aside part of the recent bearishness and revisited the area above the 1.0700 barrier, although that bullish attempt appears to have lacked conviction in spite of the broad-based correction in the US Dollar.
Gold back to its comfort zone around $2,330
Gold bounces off the psychologically important $2,300 level and trades above $2,320 on Thursday. The benchmark 10-year US Treasury bond yield stays in negative territory following latest US data, allowing XAU/USD to extend its rebound.
Ethereum on-chain metrics point to potential rally
Ethereum (ETH) is up nearly 3% on Thursday as upcoming spot ETH ETF launch and key on-chain metrics suggest an ETH rally might be around the corner.
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