Downside momentum and potential for the further drop towards support level.

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The renewed selling pressure in the US Dollar continues to underpin the improvement in the risk complex and motivates EUR/USD to reverse part of the multi-day decline with the next target at 1.0800 the figure.

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The selling pressure on the Greenback motivates GBP/USD to regain upside traction, leave behind Wednesday's hiccup and refocus on the 1.2950 region and beyond on Thursday.

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BlackRock, a giant with $11.5 trillion in assets under management, spent $107.9 million to fund its BTC purchase on Wednesday. The move is consistent with demand for BTC among institutional investors. 

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US: Trump's 'Liberation day' – What to expect?

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Trump has so far enacted tariff changes that have lifted the trade-weighted average tariff rate on all US imports by around 5.5-6.0%-points. While re-rerouting of trade will decrease the effectiveness of tariffs over time, the current level is already close to the highest since the second world war. 

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The Best brokers to trade EUR/USD

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SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

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