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Editors’ Picks
AUD/USD battles the key hurdle to north below 0.7500 amid risk-on mood
AUD/USD bulls take a breather around 0.7475-80 during early Wednesday morning in Asia, following its heaviest daily jump since late August. The risk barometer pair cheered US dollar weakness amid a brighter mood to refresh the multiday high the previous day.
EUR/USD: An inverse head-and-shoulder targets 1.1750 before resuming the down trend
EUR/USD extends its five-day rally, trades above 1.1600. The market sentiment remains upbeat, as major US stock indices record gains between 0.46% and 68%, while the safe-haven status of the US dollar weakens across the board.
UPCOMING CALENDAR EVENTS
REAL-TIME RATES
Editors’ Picks
Gold at a critical technical juncture
Gold is subdued and rests in familiar territory awaiting the next major catalyst to kick start it into gear within bullish territory towards the psychological $1,800 level. The stagflation themes feed through into the precious metals hedge.
XRP price will dip before it breaks out
A brief technical and on-chain analysis on XRP price. Here, FXStreet's analysts evaluate how Ripple bulls take control.
UK September CPI Inflation Preview: Will rising price pressures boost British pound?
Annual CPI in UK is expected to stay unchanged at 3.2% in September. BoE rate hike prospects have been lifting the British pound. GBP/USD could continue to push higher with a daily close above 1.3850.