US Pre Market Open: Risk management Masterclass. Everything you need to know to protect yourself in the markets

AUD/USD traded in an inconclusive fashion in line with the broader sentiment in the FX galaxy, hovering around the 0.6660 zone as investors got ready for the release of US CPI data on Wednesday.

EUR/USD navigated with modest losses and traded at shouting distance from the key support at 1.1000 the figure amidst a vacillating mood in the Greenback prior to the publication of US inflation readings.

Gold struggles to build on Monday's gains but manages to hold near $2,500 on Tuesday. Investors refrain from taking large positions ahead of Wednesday's highly-anticipated US inflation data for August, limiting XAU/USD's volatility.

Ripple (XRP) recently announced the launch of its stablecoin project, Ripple USD (RLUSD). In an interview at Korea Blockchain Week in the first week of September, CEO Brad Garlinghouse said that the asset’s launch is weeks away.

Is there still a chance? Investors hope for a 50-bps rate cut from the Fed but also fear a global recession is underway. The world's three largest economies, the US, China, and the eurozone, are set to rock global markets.

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