AUD/USD aims to recapture 0.6700 as worries for bigger Fed rate hikes fade – by Sagar_Dua24 AUDUSD Fed RBA RetailSales RiskAppetite
l resistance of 0.6700 as investors are not worried anymore for fears of bigger rate hikes from the Federal Reserve .EUR/USD bounced back toward the 1.0750 area as the US Dollar weakened ounce the impact of US inflation data vanished. The DXY is still under pressure even as US Treasury yields rebound. More US inflation data is due on Wednesday and the ECB is set to raise rates again on Thursday despite the SVB turmoil.
The release of the US Consumer Price Index failed to deliver a power-pack action in the Gold price.Up by nearly 10% in the last 24 hours, Binance Coin price could be seen trading at $310. The cryptocurrency is inching closer to the critical resistance at the $334.7, crossing which, would enable BNB to flip the lower limit of the resistance block from $335 to $357 into support. This would put the altcoin at year-to-date highs.
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