USD/JPY remains sidelined around 110.65 ahead of the event, after the risk-on mood favored bulls the previous day. While the BOJ minutes are less likely to offer any meaningful direction to the pair, any mentions of price pressure and signals of economic drawdown amid emergencies in major prefectures could test the quote’s latest upside.
AUD/USD begins Wednesday’s Asian session with a pullback to 0.7543, around 0.7551, after rising for two consecutive days. Activity numbers to decorate calendar, risk catalysts become the key for fresh impulse.
Gold prices were lower into the closing bell on Tuesday but off their lows as the greenback lost ground in the latter part of New York day. Gold prices are consolidating at the bottom of the recent drop from above $1,900.
MATIC price breakout from a symmetrical triangle on June 15 suggested a continuation of the relative strength versus the cryptocurrency market. Polygon may finally close below the 10-week simple moving average (SMA) for the first time since early November 2020.