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AUD/USD remains confined in a range below 0.6300
AUD/USD extends its consolidative price move below the 0.6300 mark during the Asian session on Thursday amid uncertainty over US President Donald Trump's tariff plans. A positive risk tone and Fed rate cut bets cap a modest USD bounce from the monthly low, lending support to the currency pair.
USD/JPY edges lower after Japan trade data; focus remains glued to BoJ
USD/JPY struggles to capitalize on the overnight strong move up and attracts some sellers during the Asian session on Thursday following the better-than-expected release of Trade Balance data from Japan. Apart from this, the prospects for an imminent BoJ rate hike benefit the JPY, though the risk-on mood could cap gains.
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Editors’ Picks
Gold price consolidates near three-month top; bullish potential intact
Gold price holds steady below its highest level since November and remains on track to prolong over a one-month-old uptrend. The uncertainty over US President Donald Trump's trade policies and Fed rate cut bets might continue to underpin the XAU/USD.
Ripple's XRP ETFs: Is SEC approval on the horizon following CME's rumored futures launch?
The Chicago Mercantile Exchange allegedly plans to launch Ripple's XRP and Solana futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
Bitcoin: Holds $105K mark as MicroStrategy adds 11,000 BTC, Trump pardons Silk Road creator Ulbricht
Bitcoin price trades around $105,000 on Wednesday after rebounding from the $100K support level the previous day. Michael Salyor’s MicroStrategy announced on Tuesday that it has acquired 11,000 BTC worth $1.1 billion, and President Donald Trump pardoned Silk Road creator Ross Ulbricht.