EUR/JPY Technical Analysis: Remains under pressure around 4-week lows

EUR/USD adds to the current leg lower and comes just pips away from its significant 200-day SMA around 1.1580 as the NA session draws to a close on Thursday. The deeper drop comes in response to the intense advance in the Greenback, this time propped up by firm US data and higher US Treasury yields.

Moving in step with other risk-sensitive peers, GBP/USD is attracting heavier selling and has slipped below the key 1.3400 support on Thursday to hit fresh four-week troughs. Cable’s decline reflects a firmer US Dollar as investors keep evaluating the latest batch of US data.

Gold is giving back part of its recent strong run, managing to bounce off earlier lows and reclaim the area beyond the $4,600 mark per troy ounce on Thursday. The pullback comes as the Greenback regains traction, Treasury yields move higher, and some profit-taking kicks in.

Ethereum (ETH) treasury firm Bitmine Immersion (BMNR) said it will invest $200 million in Beast Industries, the company founded by YouTube creator Jimmy Donaldson, popularly known as MrBeast, according to a statement on Thursday.

This isn’t “Sell America” — it’s “Buy breadth.” Investors are diversifying away from narrow US leadership and looking for returns that aren’t concentrated in a handful of mega-caps.

XRP lags behind other crypto majors, declining for the second consecutive day on Thursday. Ripple secures preliminary approval for an Electronic Money Institution license from the CSSF, Luxembourg's financial regulator.