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AUD/USD sits at two-week high above 0.6350
AUD/USD holds firm or the fifth straight day on Tuesday and climbs to a nearly two-week low above 0.6350 following the release of RBA minutes, which indicated that the May meeting would be an opportune time to reconsider reacting to potential risks. This, along with a positive risk tone, acts as a tailwind for the Aussie.
USD/JPY trades with positive bias above 143.00; upside potential seems limited
USD/JPY gains some positive traction above 143.00 on Tuesday, snapping a three day losing streak to a multi-month low touched last week. The upbeat market mood undermines the safe-haven Japanese Yen and lends support to the pair amid a modest US Dollar recovery.
Gold looks north amid US tariffs uncertainty
Gold price is bouncing back toward the record highs of $3,246 set on Monday as buyers fight back control despite a sense of calm across the financial markets early Tuesday.
Dogecoin, Shiba Inu and Fartcoin price prediction if Bitcoin crosses $100K this week
The meme coin market fell sharply on Monday, shedding 4.8% in market capitalization to settle at $49.25 billion. The sell-off coincided with increased volatility across broader crypto markets while investors rotated funds into Bitcoin briefly tested the $85,000.
Is a recession looming?
Wall Street skyrockets after Trump announces tariff delay. But gains remain limited as Trade War with China continues. Recession odds have eased, but investors remain fearful. The worst may not be over, deeper market wounds still possible.
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