AUD/NZD Exchange rate
Editors’ Picks
EUR/USD stays weak below 1.0950 on US Dollar strength
EUR/USD stays defensive below 1.0950 in European trading on Monday. Broad risk aversion, amid the escalating geopolitical tensions in the Middle East and conflicts between China and Taiwan, underpin the safe-haven US Dollar at the expense of the Euro.
GBP/USD steadies above 1.3050 amid cautious markets
GBP/USD trades modestly flat above 1.3050, struggling to capitalize on Friday's modest gains in the European session on Monday. Sustained US Dollar strength, due to looming geopolitical risks worldwide and China's economic concerns, keeps the pair in a familiar range.
Gold price draws support from hopes for additional Fed rate cuts, stronger USD caps gains
Gold price attracts some dip-buying on the first day of a new week and trades near a one-week top, around the $2,660 region heading into the European session. The US PPI pointed to a favorable inflation outlook and suggested that the Fed will cut interest rates further.
Solana Price Forecast: SOL gears up for double-digit gains as demand for meme coins jumps
Solana continues its upward trend this week, rising above the $150 level on Monday. The token of the Ethereum-alternative smart contract chain has gained 3% on the day and is gathering positive momentum at the time of writing.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.