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Editors’ Picks

AUD/USD hangs near one-week low despite hawkish RBA minutes

AUD/USD hangs near one-week low despite hawkish RBA minutes

The AUD/USD struggles to attract buyers and remains depressed near a one-week low, reached on Monday, following the release of the RBA meeting Minutes, which showed that the central bank could stay on hold for longer. The hawkish outlook does little to impress the Aussie bulls amid concerns about China's economy. 

USD/JPY gathers strength above 155.00 as traders brace for return of US data

USD/JPY gathers strength above 155.00 as traders brace for return of US data

The USD/JPY pair trades in positive territory near 155.20 during the early Asian session on Tuesday. The US Dollar strengthens against the Japanese Yen as traders continue to gauge the long-awaited return of US economic data and the likelihood of further rate cuts by the Federal Reserve.

Gold declines below $4,050 on USD strength and hawkish Fed comments

Gold declines below $4,050 on USD strength and hawkish Fed comments

Gold price extends the decline to around $4,030 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back expectations of a US interest rate cut next month. Traders will closely monitor the US September Nonfarm Payrolls report later on Thursday. 

Strategy scoops the dip, buys $836 million worth of Bitcoin in largest purchase since July

Strategy scoops the dip, buys $836 million worth of Bitcoin in largest purchase since July

Strategy has added 8,178 BTC to its holdings, purchasing the stack for roughly $835.6 million, according to a SEC filing on Monday. The buying activity, which took place between November 10 and 16, has pushed Strategy's holdings to 649,870 BTC, with an average purchase price of $74,433.

The week ahead: US economic data back in focus, and can Nvidia save the day for tech?

The week ahead: US economic data back in focus, and can Nvidia save the day for tech?

At the start of a new week, the market mood has calmed. US stock futures are pointing to small gains later on Monday, after a sharp sell off on Friday, European stock index futures are mostly flat at the start of the week.

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