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AUD/USD wavers in a choppy range above 0.7700 after rising the most in two months. Commodity-linked currencies benefited the most from the US dollar weakness, WTI gains. Powell repeated old tunes, Aussie employment figures expected to print mixed figures in March.
A more stable trading experience will permit investors to hedge their bets on the future proliferation of cryptocurrencies with a well-placed company that will earn trading revenues that are not directly impacted by the price swings of any one token.
Gold holds lower grounds after the previous day’s downbeat performance. The yellow metal dropped for three days in the last four even as the DXY remains dismal around a one-month low. US dollar weakness tests the bears amid dull markets.
Coinbase (COIN) Global Inc's stock opened at $381, 52.4% above the reference price of $250, in the highly-anticipated Nasdaq debut on Wednesday.