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AUD/USD struggles near multi-month low; awaits US CPI before the next leg down
AUD/USD enters a bearish consolidation phase near a multi-month low touched on Tuesday as traders await the release of the US CPI report, due later today, for cues about the Fed's rate-cut path and before placing fresh directional bets.
EUR/USD retests 1.0500 ahead of US CPI inflation, ECB rate call in the barrel
EUR/USD shed close to 0.2% on Tuesday, chalking in a third straight declining trading day and testing down into the 1.0500 handle as the Euro’s near-term bullish recovery fizzles out.
Gold on its way to challenge record highs
The upside momentum in Gold prices gathers extra steam on Tuesday, sending the metal to new two-week tops in levels just shy of the key $2,700 mark per troy ounce.
Could Google's supercomputer crack Bitcoin? Crypto community maintains positive outlook
Bitcoin faced mixed sentiments on Tuesday after crypto community members spoke on the potential of Google's new quantum chip Willow's ability to crack blockchain networks and render the security of public key cryptography useless.
How the US-China trade dispute is redefining global trade
Since Donald Trump took office in 2017, trade flows and market shares have changed substantially. We think that shift is set to continue under looming tariffs and a new protectionist environment.
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