technical

NZD/USD remains under pressure as rising US yields support the dollar, with 0.58 as the key floor and 0.5950 as resistance on any rebound.

Gold continues to struggle as rising US yields pressure non-yielding assets, with bulls needing a move back above $4,600 and lower rates to regain momentum.

EUR/USD has turned bearish after breaking below the 200-day EMA, with rising US yields and Europe’s energy risks pointing toward 1.15 and 1.14.

Bitcoin remains resilient near $76,000 and the 50-day EMA despite rising US yields, with buyers waiting for a bounce toward $82,000–$84,000.

Türkiye is once again in a spot nobody likes to be: defending its currency while trying to avoid crushing its economy with higher interest rates.

Gold is consolidating the latest leg down to seven-week lows near $4,450 early Wednesday, following a 1.85% decline seen on Tuesday. Sellers appear to take a breather ahead of the Minutes of the US Federal Reserve’s (Fed) April monetary policy meeting.