Bitcoin prices may retake the 20,000 level in APAC trading after withstanding a breakdown in sentiment overnight after the US CPI report sent stocks lower. Australian jobs data is in focus.

The Australian Dollar saw a modest rebound overnight as the US Dollar steadied. The Reserve Bank of New Zealand’s rate decision and China’s trade balance is due out today.

Bitcoin extended losses, driving prices near the high-profile 20,000 level, against a super-charged US Dollar. Economic growth fears are back in the spotlight after China’s Covid cases rise.

The Australian Dollar is slightly lower against the Greenback this morning as iron ore prices fall. Chinese credit data may set the tone for AUD/USD after a bullish candlestick took shape.

The Chinese Yuan made gains against the Dollar overnight as traders went risk-on in New York. News of a new round of infrastructure stimulus out of China pushed iron ore prices higher.

The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m…

The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA’s chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai…

Bitcoin prices ended June with a break below key levels of support as economic recession fears heat up. BTC/USD prices look primed to continue sliding.

The Australian Dollar was weighed down by a stronger Dollar and falling iron ore prices. Today’s PMI data out of China offers a chance for the Aussie Dollar to recover if the data impresses.

Bitcoin fell overnight alongside US stocks as traders hit the sell button. Market sentiment may rebound in APAC trading, particularly if retail sales data out of Japan and Australia impresses.