Ripple (XRP) is experiencing a mild intraday uptrend, briefly trading above $3.00 before a slight correction on Tuesday.
The most recent leg of the dollar bear trend has been triggered by the soft US labour market. July and August NFP data have forced the Fed to reassess its assumption of a 'solid' labour market, and the Fed looks set to restart its easing cycle next week, ING's FX analyst Chris Turner notes.
The NZD/USD pair extends the rally to near 0.5950 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) due to rising expectations of a jumbo rate cut by the US Federal Reserve (Fed).