Dollar's short-term strength keeps receding

Greenback gains during the first half of the day, triggered by profit taking, have gave sellers fresh levels to add to their shorts. EUR among the weakest today, but anyway holding above 1.2200.


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GBP/USD trims part of its CPI-linked losses, nears 1.3800

The Pound grinds higher in the US afternoon, not far from its multi-year high against its American rival, but still in the red for the day, as rate hikes in the UK are not that likely now.

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USD/JPY struggles for direction sub-111.00

The USD/JPY pair can't find direction today, confined to a limited intraday range amid the absence of fresh US clues. Risk skewed towards the downside.

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Bitcoin plummets below $12K, Ethereum approaches $1K

Every single cryptocurrency in the top-20 in terms of market capitalization dropped nearly 20% or more on Tuesday as concerns over South Korea banning the trading activity in exchanges triggered the long overdue correction. 

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