XRP/USD Exchange rate
Editors’ Picks
EUR/USD retreats to 1.1750 area after upbeat US data
EUR/USD corrects lower after climbing to the 1.1800 area earlier in the day but stays in positive territory near 1.1750. The stronger-than-forecast private sector employment data helps the US Dollar find a foothold, while the risk-on market environment on growing optimism about a US-Iran deal allows the pair to preserve its bullish stance.
USD/JPY off lows, still down 1% on likely 'Yentervention'
USD/JPY is off ten-week lows but remains heavy near 156.00 in on Wednesday. Markets speculate another round of FX intervention by Japan's authorities behind the latest leg up in the Japanese Yen, keeping the bearish pressure intact on the currency pair. Meanwhile the US Dollar struggles to find demand as markets grow optimistic about the US and Iran finalizing a truce deal.
Gold continues scaling higher; tests $4,700 amid peace deal hopes
Gold extends its intraday ascent and climbs to an over one-week high, re-attempting $4,700 on Wednesday. The US Dollar weakens across the board amid optimism over a potential US-Iran peace deal, helping the commodity to build on its recovery from a more than one-month trough, around the $4,500 mark set on Monday.
Crypto Today: Bitcoin, Ethereum, XRP strengthen bullish outlook on increasing capital inflows
Bitcoin remains above $81,000 as bulls challenge key resistance amid steady inflows into spot ETFs. Ethereum flirts with the $2,400 supply area, supported by the 50-day and 100-day EMAs. XRP gains traction near $1.45 resistance.
UK 30-year gilts hit 5.78%, the highest since 1998: what is being priced in? Premium
UK 30-year gilts traded as high as 5.78% on Tuesday, the highest level since 1998, while 10-year yields topped 5.10% with markets pricing in nearly three-quarter-point Bank of England (BoE) rate hikes this year.