XRP/USD Exchange rate
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USD/JPY turns lower toward 157.00 as USD slips on US-Iran deal hopes
USD/JPY turns lower toward 157.00 in Asia on Wednesday, despite the release of hawkish BoJ June meeting Minutes and rising Japanese wages. A broadly weaker US Dollar, amid US-Iran peace deal hopes, weighs on the pair amid looming intervention risks.
AUD/USD revisits two-month highs above 0.7050 amid fresh USD weakness
AUD/USD is finding fresh buyers and revisits two-month highs near 0.7055 in the Asian session on Wednesday, shrugging off weak Chinese RatingDog Services PMI for July. The pair draws support from a renewed US Dollar downside amid hopes for a US-Iran deal on Hormuz reopening. Mideast headlines and US ISM Services PMI remain in focus today.
Gold retakes $4,100, cheers US-Iran peace deal progress
Gold is catching a fresh bid, retaking $4,100 in the Asian session on Wednesday. Optimism over a potential US-Iran peace deal and the full reopening of the Strait of Hormuz keep the US Dollar undermined, helping the bullion to resume its previous rebound ahead of US ISM Services PMI data.
Ethereum holds steady below $1,900 as retail distribution rises
RBI set to keep interest rates unchanged as inflation risks persist
The Reserve Bank of India is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), another meeting coming at a time when uncertainty remains high over the duration and economic fallout of the ongoing Middle East conflict.