AUD NZD Exchange Rate

Ethereum hovers around $2,300 as WazirX exchange exploiter moves 5,000 Ether to a new wallet address and a crypto mixer. Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher. Aussie volatility kicked into high gear early in the Asian trading session, thanks to the RBA monetary policy statement and headlines suggesting more stimulus efforts from China.

Fresh Market Headlines & Economic Data:

The RBA made no changes to interest rates but said that further hikes cannot be ruled out. The European Central Bank is expected to cut key rates by 25 bps at umarkets review the September policy meeting. ECB President Christine Lagarde’s presser and updated economic forecasts will be closely scrutinized for fresh policy cues.

1. Aussie volatility kicked into high gear early in the Asian trading session, thanks to the RBA monetary policy statement and headlines suggesting more stimulus efforts from China.
2. Ethereum hovers around $2,300 as WazirX exchange exploiter moves 5,000 Ether to a new wallet address and a crypto mixer.
3. ECB President Christine Lagarde’s presser and updated economic forecasts will be closely scrutinized for fresh policy cues.
4. As expected, the RBA kept interest rates on hold at 4.35% but what drew bulls out was their remarks about keeping the door open for future hikes.
5. Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level.

What happens when the chinese jump back into this Gold bull market?

As expected, the RBA kept interest rates on hold at 4.35% but what drew bulls out was their remarks about keeping the door open for future hikes. However, policymakers also downgraded growth and inflation forecasts for this year and the next, suggesting that they’re less hawkish this time. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. Perhaps the main reason for the Aussie’s climb are rumors that Chinese President Xi Jinping will push regulators to implement measures to keep the lexatrade stock market supported. There has been word that authorities might convince firms to buy back more shares and that the sovereign wealth fund plans to increase ETF holdings.