AUD/USD and NZD/USD Fundamental Analysis: Policy Shift Favors the AUD
It is a quiet day for the AUD/USD and NZD/USD. A lack of stats will leave investors to consider the latest policy comments ahead of the RBA and Powell.
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It is a quiet day for the AUD/USD and NZD/USD. A lack of stats will leave investors to consider the latest policy comments ahead of the RBA and Powell.
EUR/USD faces further downside risk with US GDP and jobless claims in focus. A fall in jobless claims and hawkish Fed chatter will move the dial.
On Wednesday, XRP tracked the broader market into the red. A lack of SEC v Ripple updates would leave US stats and corporate earnings to influence.
ETH and BTC were in cautious mode this morning, with investor focus shifting to FOMC member chatter and US labor market stats that will move the dial.
It was a bearish Monday session for BTC, which ended the day at sub-$16,000 for only the second time since 2020. Further downside risk remains.