"Gold and Bitcoin: A Year of Synchronized Surges and Slumps in the Forex Market"

Gold prices rose to highs above $2140 before falling back to around $2085, while Bitcoin surged above $40K. USD/JPY dropped to lows around 146.25 before bouncing back to 146.75. AUD, NZD, and CAD initially rose but later retreated. Concerns over the ongoing respiratory illness outbreak in China continue to impact markets, with the yuan weakening. The Reserve Bank of Australia is expected to keep the cash rate unchanged in its upcoming meeting. Private-survey inflation rates dropped, although monthly rates showed increases.