FxAnalysis

Bitcoin price resumed its strong rebound as market participants embraced a risk-on sentiment and as investors bought the dip.

The AUD/USD exchange rate jumped and neared its highest level this year after a report showed that Australia’s consumer inflation rose in January this year. It was trading at 0.7120, much higher than the year-to-date low of 0.6420.

It was all about one company yesterday: Nvidia (NVDA). Shortly after the market closed, Nvidia announced its Q4 FY26 earnings, which delivered yet another blowout quarter.

EUR/USD gained about 0.3% on Wednesday and snapped a two-day losing streak. The pair stays relatively quiet early Thursday and moves above 1.1800.

Gold is replicating the recovery moves seen in Wednesday’s Asian trading early Thursday, as buyers continue to flirt with the $5,200 level. Sustained US Dollar (USD) weakness and looming US-Iran talks aid the bright metal’s rebound.  

EUR/USD now seems to have woken up, attempting to leave behind the multi-day consolidative theme and prompting bulls to regain the upper hand in a context of renewed weakness hurting the US Dollar (USD).