AUD/CAD Exchange rate
Editors’ Picks
USD/JPY attracts some sellers to near 155.50 on weak US jobs data
The USD/JPY pair attracts some sellers to around 155.60 during the early Asian session on Friday. The US Dollar edges lower against the Japanese Yen amid worse-than-anticipated US employment data and a less hawkish outlook than expected from the US Federal Reserve.
EUR/USD continues its rise as Dollar retreats on Fed action and soft data
EUR/USD advances during the North American on Thursday up 0.41% after the Fed decided to cut rates, alongside the release of weaker than expected job data in the United States. The pair trades at 1.1742 after bouncing off daily lows of 1.1682.
Gold on its way to retest record highs
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenback came under selling pressure on Wednesday following the Federal Reserve's monetary policy announcement, further pressured on Thursday by softer-than-anticipated United States employment data.
Ethereum: Thomas Lee's bottom call aligns with taker buyers positioning
Ethereum buyers are beginning to regain strength following signs of recovery in Net Taker Volume on the crypto exchange Binance. The metric tracks the difference between buyers and sellers purchasing ETH using market orders. The volume has improved from a low of about -$500 million in October — which triggered heavy ETH distribution — to -$138 million.
FOMC Summary: A split cut and a clear shift toward caution
The Federal Reserve (Fed) went ahead with a 25 basis points rate cut, taking the target range to 3.50–3.75%. But the tone around the decision mattered just as much as the move.