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Editors’ Picks

AUD/USD holds steady below 0.6550 after PBOC's status quo

AUD/USD holds steady below 0.6550 after PBOC's status quo

AUD/USD is trading in a tight range below 0.6550 in Asian trading on Wednesday. The pair lacks bullish conviction after the PBOC left the Lona Prime Rates unchanged. Escalating Russia-Ukraine geopolitical tensions keep the Aussie on the edge ahead of Fedspeak. 

AUD/USD News
USD/JPY pares gains below 155.00 amid risk-off mood

USD/JPY pares gains below 155.00 amid risk-off mood

USD/JPY is paring back gains below 155.00 in Wednesday's Asian session. A broadly softer US Dollar, a risk-off market mood and looming Japanese intervention risks limit the pair's upside. Mounting Russia-Ukraine tensions weigh on risk appetite, lending support to the safe-haven Japanese Yen. 

USD/JPY News
Gold stays firm amid geopolitical concerns, nears $2,650

Gold stays firm amid geopolitical concerns, nears $2,650

Gold price holds comfortably above $2,600, nearing $2,650 early Wednesday. Escalating geopolitical tensions on latest developments surrounding the Russia-Ukraine conflict and the pullback seen in US yields help Gold price hold its ground.

Gold News
XRP on the verge of a rally to $1.96 as investors maintain bullish sentiment

XRP on the verge of a rally to $1.96 as investors maintain bullish sentiment

Ripple's XRP trades at $1.11 on Wednesday, maintaining its position as the best-performing cryptocurrency in the top 20 cryptos by market capitalization, with over a 50% rise in the past week.

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How could Trump’s Treasury Secretary selection influence Bitcoin?

How could Trump’s Treasury Secretary selection influence Bitcoin?

Bitcoin remained upbeat above $91,000 on Tuesday, with Trump’s cabinet appointments in focus and after MicroStrategy purchases being more tokens. 

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