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EUR/USD attempts some consolidation near 1.1750
EUR/USD is staying firmly supported and hovering near two-day highs around 1.1750 on Thursday, shaking off the mild pullback seen a day earlier. The pair is benefiting from a friendlier risk backdrop, underpinned by easing EU–US trade tensions and a softer Greenback. Moving forward, markets’ attention will be on the release of flash PMIs in Europe and the US on Friday.
GBP/USD flirts with 1.3500 on persistent USD selling
GBP/USD is regaining momentum on Thursday and pushing up towards two-week highs around the 1.3500 mark. In the process, Cable is leaving Wednesday’s brief wobble behind and slipping back into its upward trend, helped by ongoing selling pressure on the Greenback ahead of key advanced PMI data on Friday.
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XRP defends $1.90 support as ETFs attract inflows despite retail caution
Ripple (XRP) is consolidating above $1.90, a short-term support level, at the time of writing on Thursday. This mild uptick marks two consecutive days of a strengthening technical outlook, following recent market-wide volatility.
Pi Network rebounds on creator event, PI payments updates
Pi Network recovers by over 3% at press time on Thursday, after a steady declining trend. The rebound aligns with the announcement of new updates to the network, including the integration of PI payments and a community-centered creator event.
Crypto Today: Bitcoin, Ethereum, XRP post modest gains as ETF selling pressure intensifies
Bitcoin is extending its modest gains for the second consecutive day, trading above $90,000 at the time of writing on Thursday. Altcoins, including Ethereum and Ripple, are attempting to stabilize after days of persistent selling pressure.