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EUR/USD: Double bottom breakout fails ahead of the Fed

The bullish case for EUR/USD has weakened ahead of the FOMC (Federal Open Market Committee) rate decision due this Wednesday. The currency pair closed well below 1.1263 on Friday, invalidating the double bottom breakout confirmed on June 6.

EUR/USD News

GBP/USD consolidates the downside near 1.2600, UK politics in spotlight

Although looming Brexit uncertainty dents investment by firms, the GBP/USD pair manages to take advantage of the recent US Dollar (USD) pullback heading into the London open on Monday.

GBP/USD News

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Cryptocurrency market update: Bitcoin settles above $9,000, altcoins follow the lead

BTC/USD settled above $9,000 after a sharp upside move to $9,386 on Sunday. While the first digital coin failed to keep the ground, the trend remains bullish as long as the price stays above $9,000. A the time of writing, BTC/USD is changing hands at $9,095.

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Ethereum 2.0 set for launch on January 3, 2020

The initial phase of Ethereum 2.0 which will see the second largest cryptocurrency project on the market move to a proof-of-stake (PoS) consensus algorithm is slated for launch on January 3, 2020. This data is significant as it marks exactly 11 years since the first Bitcoin ...

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Ripple market overview: XRP/USD contracting triangle breakout triggers a brief rally

XRP/USD is in the green again following a couple of weeks of being pivotal at $0.4. The surging Bitcoin price has helped to shake things up for the XRP bulls, however, the impact has not been as big ...

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