XRP/USD Exchange rate

AUD/USD traded in a tight range and faltered once again just ahead of the key 0.6300 hurdle on the back of the renewed buying interest in the US Dollar and the widespread knee-jerk in the risk complex.

The weekly recovery in EUR/USD gave signs of some loss of momentum despite the pair hit new three-week highs around 1.0460 in a context dominated by the resurgence of the bid bias around the Greenback.

Gold price sticks to positive bias for the third successive day on Wednesday and trades near its highest level since November 1 above $2,750. The uncertainty around US President Donald Trump's trade policies turns out to be a key factor that continues to drive haven flows towards the precious metal.

Privacy-focused cryptocurrencies could see a rally in the coming weeks with Monero, ZCash, DASH, MimbleWimbleCoin and Decred seeing slight gains following a US court's overruling of the Office of Foreign Assets Control’s sanction on Tornado Cash and Silk Road founder Ross Ulbricht's presidential pardon.

There has been a positive tone to risk this week, as the market digests Trump 2.0. However, Trump is not the only show in town. Earnings reports are also a key driver of stock indices, and the news is good.