GBP/AUD Exchange rate


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AUD/USD attracts some buyers above 0.6570 following the Australian GDP data

AUD/USD attracts some buyers above 0.6570 following the Australian GDP data

The AUD/USD pair climbs to 0.6575 during the early Asian trading hours on Wednesday. The pair edges higher following the Australian growth numbers. However, the rebound of the US Dollar and risk-off mood might cap the further upside of AUD/USD.

AUD/USD News

EUR/USD extends the decline below 1.0800, Eurozone Retail Sales eyed

EUR/USD extends the decline below 1.0800, Eurozone Retail Sales eyed

The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. The upbeat Eurozone PMI data for November failed to inspire the Euro amid the persistently weak demand in the Eurozone.

EUR/USD News

Gold drops to $2,020, eyes on US ADP data

Gold drops to $2,020, eyes on US ADP data

Gold loses momentum during the early Asian session on Wednesday. The renewed US Dollar demand drag the yellow metal lower. Meanwhile, the US Dollar Index rebounds to 104.00. The XAU/USD price trades near $2020, up 0.01% for the day.

Gold News

Bitcoin-based meme coin ORDI price action wobbles after 1,100% rally

Bitcoin-based meme coin ORDI price action wobbles after 1,100% rally

The Bitcoin-based BRC-20 meme coin, which had people confused as being an actual valuable token, is now slowly creeping up to that status. ORDI price rise over the past couple of days has been astonishing, and with BTC driving the price and crossing $44,000, ORDI is also gaining rapidly. But not for long.

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Hot service sector might be cold water on swift rate cut hopes

Hot service sector might be cold water on swift rate cut hopes

Not only is the services sector still expanding, it picked up steam in November with the ISM coming in at 52.7. With prices still firmly in expansion and employment rising slightly, it suggests that recent expectations for rate cuts might have been pulled too far forward.

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