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EUR/USD flirts with daily highs near 1.0950
EUR/USD now manages to regain some fresh upside traction and advances to the area of daily peaks around 1.0950 as investors continue to assess the release of higher-than-expected US inflation data.
GBP/USD clings to gains near 1.3080 on US CPI data
GBP/USD keeps its slight bullish tone unchanged around 1.3080 on the back of slight gains in the US Dollar following the firmer prints from US inflation gauged by the CPI.
Gold climbs to daily highs past $2,620 following US inflation
Gold prices remain bid in response to September’s US inflation data, which surprised to the upside according to the CPI, while US yields trade in a bearish fashion across the curve on Thursday.
Bitcoin vulnerable despite surge in stablecoin market capitalization
Bitcoin price closed below the $62,000 support on Wednesday, showing signs of weakness. CryptoQuant report shows how rising stablecoin market capitalization could be a positive sign for Bitcoin and other cryptocurrencies.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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