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What's hot and what's not. Breaking down the setups.

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Editors’ Picks

AUD/USD drops and pops after softer Aussie CPI, near 0.6750

AUD/USD drops and pops after softer Aussie CPI, near 0.6750

AUD/USD reverses a quick downtick to near the 0.6720 region to test 15-month highs at around 0.6750 in Wednesday's Asian session. The pair experiences light volatile trading following the release of softer Australian consumer inflation figures, which tempered bets that the RBA could opt for a rate hike next month. 

USD/JPY stalls upside near 156.80 as USD meets fresh supply

USD/JPY stalls upside near 156.80 as USD meets fresh supply

USD/JPY has stalled its renewed upside near 156.80 in the Asian session on Wednesday, consolidating above 156.50. The renewed US Dollar selling remains a drag on the pair even as a cautious market mood keeps the haven demand for the Japanese Yen somewhat underpinned. All eyes are on the key US data releases. 

Gold sees profit-taking decline after facing rejection at $4,500

Gold sees profit-taking decline after facing rejection at $4,500

Gold price sees a decline on profit-taking after facing rejection at $4,500 in the Asian trading hours on Wednesday. Despite the pullback, the traditional safe haven remains underpinned by geopolitical tensions and expectations of Fed rate cuts. The US ADP Jobs data, JOLTS Job Openings Survey and ISM Services Purchasing Managers Index report will be published on Wednesday. 

Top Crypto Gainers: JasmyCoin rallies as Cosmos and Bittensor retreat

Top Crypto Gainers: JasmyCoin rallies as Cosmos and Bittensor retreat

JasmyCoin, Cosmos, and Bittensor are among the top-performing cryptocurrency assets in the last 24 hours. JasmyCoin leads the rally with double-digit gains, and bulls are targeting further gains, while Cosmos and Bittensor struggle to extend their gains after six consecutive days of recovery. 

Implications of US intervention in Venezuela

Implications of US intervention in Venezuela

Events in Venezuela are top of mind for market participants, and while developments are associated with an elevated degree of uncertainty, we are not making any changes to our markets or economic forecasts as a result of the deposition of Nicolás Maduro. 

What you need to know on Wednesday, January 7:

What you need to know on Wednesday, January 7:

What you need to know on Wednesday, January 7:

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