South Korea Gross Domestic Product Growth (YoY) came in at 2.2%, above expectations (2.1%) in 4Q

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AUD/USD seems to have moved into a consolidative phase

[]https://www.fxstreet.com/currencies/audusd

AUD/USD added to Tuesday’s uptick, although its price action remained stuck within a rangebound theme despite the favourable risk-on mood.

AUD/USD News

EUR/USD regains some shine prior to ECB

[]https://www.fxstreet.com/currencies/eurusd

EUR/USD advances markedly after two daily pullbacks in a row, although a convincing breakout of the 1.0900 barrier remains elusive for the time being.

EUR/USD News

Gold plunges with renewed US Dollar demand

[]https://www.fxstreet.com/markets/commodities/metals/gold

Gold came under bearish pressure and turned negative on the day below $2,020 in the American session on Wednesday.Upbeat PMI readings from the US helped the benchmark 10-year US Treasury bond yield retrace its daily decline and weighed on XAU/USD.

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC defies respectable correction, restores above $40,000

[]https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-defies-respectable-correction-restores-above-40-000-202401241900

Bitcoin (BTC) price is attempting a recovery barely 24 hours after speculation of a “respectable correction” that was expected to send BTC to the $35,000 range.Ethereum (ETH) price is yet to heed BTC’s cue, while Ripple (XRP) appears to have bottomed out.

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Tomorrow is the big day: The ECB meeting and the US releasing Q1 GDP

[]https://www.fxstreet.com/analysis/tomorrow-is-the-big-day-the-ecb-meeting-and-the-us-releasing-q1-gdp-202401241409

The Bank of Canada meets today but no change is forecast.We also get the US flash purchasing managers indices, but tomorrow is the big day, with the ECB meeting and the US releasing Q1 GDP, which will contain data on consumption and thus on inflation.

https://www.fxstreet.com/analysis/tomorrow-is-the-big-day-the-ecb-meeting-and-the-us-releasing-q1-gdp-202401241409.

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AUD/USD dips on strong US data, market focus on US GDP, PCE reports

- AUD/USD shows slight losses, impacted by robust US economic data and central bank actions. - Positive US S&P Global PMIs fail to bolster the USD, especially the Manufacturing index's leap out of contraction. - The week ahead lacks would feature US Q4 GDP, PCE index, Durable Goods Orders, and Jobless Claims. The Australian Dollar…
AUD/USD dips on strong US data, market focus on US GDP, PCE reports

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