USD/CAD holds thin gains after three days of losses, trading around 1.4380 during the Asian hours on Tuesday.
The Australian Dollar (AUD) loses ground for the second successive day against the US Dollar (USD) on Tuesday following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes for its December monetary policy.
In a filing on Monday, the US International Revenue Service (IRS) stated that the rewards gotten from staking cryptocurrencies should be taxed, responding to a lawsuit from couple Joshua and Jessica Jarrett.
Japan’s Finance Minister Katsunobu Kato on Friday that they “will take appropriate action against excessive moves.” Additional quotes Important for currencies to move in stable manner reflecting fundamentals.
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1876, as compared to the previous day's fix of 7.1870 and 7.3031 Reuters estimates.
The EUR/USD pair trades with mild losses around 1.0400 during the early Asian session on Tuesday.
The Reserve Bank of Australia (RBA) published the Minutes of its December monetary policy meeting on Tuesday, highlighting that the board had gained confidence in inflation since the prior meeting, but risks remained.
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the October meeting.
GBP/USD waffled near the 1.2550 level on Monday, kicking off the holiday trading week with a third of a percent decline as market sentiment coils.