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AUD/USD faces formidable resistance around 0.6600
AUD/USD resumed its weekly pullback on Thursday, this time accelerating its losses to the 0.6450 region on the back of the stronger US Dollar, while disheartening prints from the Australian labour market also contributed to the sour mood around the Aussie.
EUR/USD: Losses could pick up pace below 1.1470
EUR/USD remained on the back foot and slipped back to fresh multi-week lows near 1.1550 on Thursday, always in response to the improved sentiment surrounding the Greenback, which in turn extended its upside momentum on the back of firmer data from key fundamentals.
Gold trades with modest losses near $3,340
Gold remains in auto-pilot around the $3,340 zone per troy ounce as the NA session draws to a close on Thursday. The yellow metal's negative trend stems from the extra improvement in the dollar, rising US yields, and some relief from trade concerns.
XRP price just 5% from record high as Ripple eyes Dubai's tokenized real estate market
Ripple's (XRP) uptrend paces toward new all-time highs, but is trading at around $3.25 on Thursday, after a remarkable recovery from a support level tested at $2.80 on Tuesday.
China’s first-half growth remains on track, though activity data signals caution
China's second-quarter GDP beat forecasts again with a 5.2% year-on-year growth, driven by strong trade and industrial production. Yet sharper-than-expected slowdowns in fixed-asset investment and retail sales and falling property prices are a concern.
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