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AUD/USD keeps range below 0.6300 despite renewed China optimism
AUD/USD stays sidelined below the 0.6300 mark in the Asian session on Thursday amid uncertainty over US President Donald Trump's tariff plans. The Aussie shrugs off a risk-rally in Chinese stocks on fresh support measures as the US Dollar holds ground ahead of top-tier US data releases.
USD/JPY bounces to near 155.50 amid upbeat mood
USD/JPY holds the bounces to near 155.50 in the Asian session on Thursday, helped by an upbeat mood. The pair reverses an early dip-led by the better-than-expected Japanese Trade Balance data. Further upside could be capped amid prospects for an imminent BoJ rate hike on Friday.
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Editors’ Picks
Gold buyers pause but refuse to give up yet
Gold price consolidates its three-day bullish momentum early Thursday, having reached three-month highs of $2,763 on Wednesday. Gold buyers take a breather as attention turns toward US fundamentals, with the weekly Jobless Claims on tap.
Crypto Today: BTC, Solana, XRP mount $3.5T support as Ross Ulbricht and Tornado Cash rulings spark optimism
The global crypto market capitalization fell 1.7% to hit $3.5 trillion on Wednesday. Bitcoin, Solana and XRP held firm above their respective critical support levels at $103,000, $3 and $250.
Sui Price Forecast: SUI bears aiming for a 30% crash
Sui price extends its decline, trading below $4.37 on Thursday after rejecting from its ascending trendline in the previous day. Coinglass data shows that SUI’s long-to-short ratio reached the lowest level in over a month, reflecting a bearish sentiment.