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AUD/USD advances beyond 0.6400 after stellar Aussie jobs data

AUD/USD advances beyond 0.6400 after stellar Aussie jobs data

AUD/USD gained strong positive traction on Thursday following the release of upbeat Australian jobs data, which pointed to a still resilient labour market and forced investors to scale back their bets for a rate cut by the RBA in February. 

AUD/USD News
USD/JPY retreats from two-week top; BoJ uncertainty could limit losses

USD/JPY retreats from two-week top; BoJ uncertainty could limit losses

USD/JPY drifts lower on Thursday and snaps a three-day winning streak to a two-week high touched the previous day. The downside, however, seems limited amid diminishing odds for another BoJ rate hike next week, which, along with the risk-on mood, could undermine the safe-haven JPY. 

USD/JPY News
Gold price retains its bullish bias near two-week high on Fed rate cut optimism

Gold price retains its bullish bias near two-week high on Fed rate cut optimism

Gold price stands firm near the $2,720-2,722 area, or over a two-week high on Thursday amid the likelihood of a Fed rate cut next week. Furthermore, geopolitical risks and trade war fears remain supportive of the bullish sentiment surrounding the safe-haven XAU/USD. 

Gold News
Ripple's XRP eyes massive rally after posting bullish flag, high profit-taking poses threat

Ripple's XRP eyes massive rally after posting bullish flag, high profit-taking poses threat

Ripple's XRP continued its rally on Wednesday as it looks to test the upper boundary of a key flag channel. Following the recent price rise, investors booked profits worth nearly $800 million while options traders bet on the remittance-based token hitting the $5 mark.

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BTC faces setback from Microsoft’s rejection

BTC faces setback from Microsoft’s rejection

Bitcoin price hovers around $98,400 on Wednesday after declining 4.47% since Monday. Microsoft shareholders rejected the proposal to add Bitcoin to the company’s balance sheet on Tuesday.

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