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AUD/USD consolidates near 19-month peak as traders await US PCE Price Index

AUD/USD consolidates near 19-month peak as traders await US PCE Price Index

AUD/USD oscillates in a range below the 0.6900 mark, as traders opt to move to the sidelines ahead of the US PCE Price Index. In the meantime, the RBA's hawkish stance, the optimism led by additional monetary stimulus from China, the prevalent risk-on mood, and a bearish USD continue to act as a tailwind for the pair.

AUD/USD News
USD/JPY holds above 145.00 after the Tokyo CPI inflation data

USD/JPY holds above 145.00 after the Tokyo CPI inflation data

The USD/JPY pair attracts some buyers to near 145.20 on Friday during the early Asian session. The pair gains ground near three-week highs after the Tokyo Consumer Price Index. The attention will shift to the US Personal Consumption Expenditures Price Index for August, which is due later on Friday. 

USD/JPY News
Gold price holds steady near record peak; looks to US PCE data from fresh impetus

Gold price holds steady near record peak; looks to US PCE data from fresh impetus

Gold price consolidates below the all-time high set on Thursday amid overbought conditions on the daily chart and the risk-on mood, though dovish Fed expectations continue to act as a tailwind. Bulls, meanwhile, prefer to wait for the release of the US PCE Price Index before placing fresh bets. 

Gold News
Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates

Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates

Ethereum traded around $2,640 on Thursday, up more than 2% following increased bullish bias among investors, as evidenced by ETH ETF net inflows and an uptrend in funding rates. However, investors may be wary of a potential correction from ETH's rising exchange reserve.

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RBA widely expected to keep key interest rate unchanged amid persisting price pressures

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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