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AUD/USD resumes the downside, back below 0.6700

AUD/USD resumes the downside, back below 0.6700

AUD/USD remains on the back foot, hovering around the 0.6680 region ahead of the opening bell in Asia. The pair’s daily retracement comes on the back of the persistent move higher in the US Dollar ahead of Wednesday’s key US data releases.

USD/JPY climbs above 159.00 amid Japan's fiscal, political concerns

USD/JPY climbs above 159.00 amid Japan's fiscal, political concerns

The USD/JPY pair jumps to near 159.15, the highest since July 2024, during the early Asian session on Wednesday. The Japanese Yen weakens against the US Dollar amid concerns about looser fiscal and monetary policy in Japan. Traders will keep an eye on the US Retail Sales and Producer Price Index reports, which will be published later on Wednesday. 

Gold turns negative below $4,600

Gold turns negative below $4,600

Gold gives back early gains on Tuesday after printing fresh record highs above $4,630 per ounce, easing back below the $4,600 mark amid humble losses for the day. The pullback comes amid the stronmger Greenback and despite US Treasury yields heading south.

Ethereum Price Forecast: Buying momentum returns amid steady network growth

Ethereum Price Forecast: Buying momentum returns amid steady network growth

Ethereum (ETH) has been seeing mild renewed buying activity since the beginning of the week. After recording steady inflows throughout last week, ETH Exchange Netflow has flipped to over 100K ETH in outflows this week.

More pressure on the Federal Reserve emerges

More pressure on the Federal Reserve emerges

News broke on Sunday night that the Federal Reserve received grand jury subpoenas from the Department of Justice on Friday, escalating the Trump administration's pressure on the nation's central bank. 

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