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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
EUR/USD rebounds on Thursday after midweek pullback

EUR/USD rebounds on Thursday after midweek pullback

EUR/USD tuned back into the high end on Thursday, getting bolstered by a broad-market selloff in the Greenback. US data that printed better than expected helped to ease concerns of a possible economic slowdown within the US economy looming over the horizon.

EUR/USD News
Gold holding at higher ground at around $2,670

Gold holding at higher ground at around $2,670

Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors. 

Gold News
Ethereum investors show bullish bias amid ETF inflows and positive funding rates, exchange reserves pose risk

Ethereum investors show bullish bias amid ETF inflows and positive funding rates, exchange reserves pose risk

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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