LINK/USD Exchange rate
Editors’ Picks
AUD/USD consolidates in a range above mid-0.6700s
![AUD/USD consolidates in a range above mid-0.6700s](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/AUDUSD/hundred-bucks-3645622_XtraSmall.jpg)
AUD/USD holds steady above mid-0.6700s during the Asian session on Tuesday. The US Dollar languishes near a three-month low touched on Monday. Apart from this, the prevalent risk-on environment, bets that the RBA could be raising interest rates again and hopes for more stimulus from China lend support to the pair.
USD/JPY attracts some buyers above 158.00, investors await US Retail Sales data
![USD/JPY attracts some buyers above 158.00, investors await US Retail Sales data](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_XtraSmall.jpg)
USD/JPY trades on a stronger note around 158.30 on Tuesday during the early Asian trading hours. The uptick of the pair is bolstered by the modest rebound in US Dollar. Investors will take more cues from the US June Retail Sales and the speech from the Federal Reserve’s Adriana Kugler.
Gold price bulls retain control despite modest USD strength, risk-on environment
![Gold price bulls retain control despite modest USD strength, risk-on environment](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/Gold_Bar_XAU_Precious_Metal_XtraSmall.jpg)
Gold price remains close to a nearly two-month top set on Monday amid rising Fed rate cut bets. Investors seem convinced that the Fed will begin its rate-cutting cycle at the September meeting. The risk-on mood, along with a modest US Dollar strength, might cap the upside for the XAU/USD.
Could US become most crypto-friendly nation following Trump's VP pick?
![Could US become most crypto-friendly nation following Trump's VP pick?](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/cryptocurrenciesusd_XtraSmall.jpg)
Presidential candidate Donald Trump announced Ohio's Senator JD Vance as his running mate on Monday, securing a full pro-crypto stance for the Republican party.
The Trump trade
![The Trump trade](https://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/wall-street-sign-with-us-flag-behind-7511217_XtraSmall.jpg)
The US markets may have had a mild reaction to the assassination attempt on Donald Trump at a rally in Pennsylvania at the weekend, however, there are long term ramifications for financial markets, particularly in Europe.