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Editors' picks

When is the RBNZ and how it could affect NZD/USD?

NZD/USD takes rounds to a 34-month low while recently easing to 0.7340 ahead of the much-awaited event by the kiwi traders. Given the RBNZ’s likely cautious optimism, the quote may extend its upward trajectory towards the year 2018 peak.

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AUD/USD turns positive as Australia's wage growth beats estimates

AUD/USD adds 10 pips on above-forecast Aussie wage price inflation data. Surprise contraction in Australia's consutruction sector keeps gains under check. Other macro factors support continued gains in the Aussie dollar.

AUD/USD News

Gold bulls trying to defend $1,800 amid cautious optimism

Gold keeps $1,800, while struggling to defy the previous day’s pullback from a one-week top during the initial Asian session on Wednesday. The yellow metal snapped the two-day winning streak amid the US dollar’s corrective pullback.

Gold news

Crypto market menaced as it bleeds amid $6 billion liquidations

Cryptocurrencies are gasping for air after corrections occurred across the board. The bloodshed has seen Bitcoin lose over 14% in 24 hours, testing support at $45,000. Ethereum did not escape the freefall, which has led to losses below $1,500.

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US Dollar Index: Formidable support is located at 90.00

DXY tests and rebound from the key 90.00 neighbourhood. Further south of this level comes in the 2021 lows at 89.20.

US Dollar Index News

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