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EUR/USD pressured around 1.1200 amid dovish ECB comments
EUR/USD is trading around 1.1200 after ECB officials expressed concern about global growth President Draghi will speak later. Tension is rising toward the Fed decision after US retail sales surprised on Friday.
GBP/USD pressured below 1.2600, Conservative contest in focus
GBP/USD is trading below 1.2600, consolidating the losses seen on Friday after US retail sales beat expectations. The Conservative contest is heating up ahead of tomorrow's second vote.
FXSTREET COURSES
Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Bitcoin is over $9,200 - Maybe the Moon is too small for the King
Below the current price, the first level of support is at $8,820 (price congestion support), then the second at $8,450 (price congestion support). The third level of support for the BTC/USD pair is at $8,150, the confluence level of price congestion support and the trend line that serves as the roof of the long term downstream channel.
Ethereum (ETH) price analysis: ETH/USD on retreat after Sunday’s growth
Ethereum (ETH) hit $279 on Sunday only to retread below $270 by the time of writing. The second largest cryptocurrency with the current market capitalization of $28.7 billion has lost nearly 1% of its value in recent 24 hours and stayed unchanged since the beginning of Monday.
The head of the Central bank in Brazil wants to bring digital assets to the country
Roberto Campo, the chairman of the Brazillian central bank, confessed that he had been engaged in blockchain and cryptocurrency studies. He believes the technologies may become a foundation for the financial system of the future.