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AUD/USD: Recovery should be limited
AUD/USD added to Monday’s advance and managed to surpass 0.6200 the figure on the back of further USD selling, while investors warmed up for US CPI data and the Australian labour market report.
EUR/USD: Focus is now of US inflation
EUR/USD traded with marked gains and managed to briefly test the area beyond the 1.0300 hurdle on Tuesday, on the back of the weaker Greenback and rising caution ahead of Wednesday’s publication of US CPI readings.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold pressures intraday highs as mood sours
XAU/USD is finding a floor for now to bounce off after its sluggish Monday performance when Federal Reserve (Fed) policy rate concerns took over sentiment, recovering slightly and trading near $2,670 on Tuesday.
Chainlink Price Prediction: Whales acquire $20M in LINK as XRP, DOGE lead market recovery
Chainlink price edged towards the $20 territory on Tuesday, racing into a 10% surge as the crypto market received a major boost ahead of Donald Trump’s inauguration.
Shiba Inu could recover as it finds support around key level
Shiba Inu (SHIB) price hovers around $0.000021 on Tuesday after retesting and bouncing off from key support the previous day. Sideline investors looking to accumulate SHIB can do so at support levels from $0.000019 to $0.000021.