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AUD/USD turns south toward 0.6500 amid renewed US Dollar buying

AUD/USD turns south toward 0.6500 amid renewed US Dollar buying

AUD/USD is back in the red, easing toward 0.6500 early Wednesday amid the mixed Chinese inflation data. The pair gives up the RBA's surprise on-hold decision-led uptick once again as Trump's planned tariffs on Copper act as a headwind for the resources-linked Aussie. The US Dollar resurgence also weighs on the pair ahead of Fed Minutes. 

USD/JPY climbs above 147.00 on USD strength, US-Japan trade woes

USD/JPY climbs above 147.00 on USD strength, US-Japan trade woes

USD/JPY regains traction and climbs above 147.00 in Asian trading on Wednesday. US President Trump's latest tariff threats unnerve markets and prop up the haven demand for the US Dollar, aiding the renewed upside in the major. Further, the pair benefits from the US-Japan trade stand-off as it undermines the Japanese Yen.

Gold: More downside in the offing as tariff talks, Fed Minutes loom

Gold: More downside in the offing as tariff talks, Fed Minutes loom

Gold price is battling $3,300, licking its wounds early Wednesday. Traders refrain from placing fresh bets on the bright metal, awaiting fresh trade updates and the Minutes of the US Federal Reserve June policy meeting for fresh directives.

Cronos surges 20% on inclusion in Trump Media's Blue Chip ETF

Cronos surges 20% on inclusion in Trump Media's Blue Chip ETF

Crypto.com's native token Cronos saw double-digit gains on Tuesday following Trump Media and Technology Group's filing with the Securities & Exchange Commission to launch a Blue Chip exchange-traded fund. 

New US tariffs target Asia, but some countries stand to gain

New US tariffs target Asia, but some countries stand to gain

President Trump’s new tariffs are higher than expected for most Asian economies. Moreover, most countries will face additional tariff rates on transshipments. The new announcements are silent on Singapore, India and the Philippines, which might stand to benefit from tariff concessions if negotiations progress favourably.

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