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AUD/USD: Further upside should surpass 0.6950
AUD/USD could not sustain the early advance past the 0.6900 barrier, surrendering most of those gains on the back of the firmer tone in the US Dollar, always following increasing geopolitical concerns.
EUR/USD: Extra losses should not be ruled out
EUR/USD accelerated its downward trend and dropped for the fourth day in a row on Wednesday, revisiting the 1.1030 zone amidst the incessant upside pressure in the Greenback and rising tensions in the Middle East.
Gold hovers around $2,660 after US opening
Spot Gold hovers around $2,650 a troy ounce on Wednesday, confined to a tight trading range amid a generally pessimistic market mood favoring both Gold and the US Dollar (USD).
XRP slides nearly 3% despite Bitwise filing with the SEC for first XRP ETF
Ripple (XRP) lost value on Wednesday even as asset management giant Bitwise affirms its intent to register the United States’ first Spot XRP ETF.
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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