AUD/JPY Exchange rate
Editors’ Picks
EUR/USD holds gains near 1.0900 amid weaker US Dollar
EUR/USD defends gains below 1.0900 in the European session on Monday. The US Dollar weakens, as risk sentiment improves, supporting the pair. The focus remains on the US political updates and mid-tier US data for fresh trading impetus.
GBP/USD trades sideways above 1.2900 despite risk recovery
GBP/USD is keeping its range play intact above 1.2900 in the European session on Monday. The pair fails to take advantage of the recovery in risk sentiment and broad US Dollar weakness, as traders stay cautious ahead of key US event risks later this week.
Gold defends $2,400, more upside looks likely
Gold price is attempting a bounce from $2,400, having snapped a three-day corrective decline from record highs of $2,484. Gold price capitalizes on a broad-based US Dollar softness alongside sluggish US Treasury bond yields even as markets stay risk averse.
Why these altcoins may not rise despite Ethereum ETF impact
A recent analysis by onchain analyst Thor Hartvigsen reveals that Ethereum could outperform altcoins after the launch of ETH ETFs despite wider market assumptions that these tokens provide leveraged exposure to ETH.
Week ahead: What are markets watching this week?
Dominant asset drivers to be aware of this week include Global PMIs and the Bank of Canada’s rate announcement on Wednesday, the advance estimate for US GDP growth on Thursday and the US PCE Price Index on Friday.