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EUR/USD dips below 1.19 as US yields resume rise
EUR/USD has dipped below 1.19, hitting a new 2021 low. US ten-year yields have resumed their gains toward 1.60% after robust US jobs figures and the Fed's reluctance to intervene. German industrial output disappointed with -2.5% in January.
GBP/USD pressured toward 1.38 amid worsening mood
GBP/USD has been under pressure despite Britain's reopening and due to higher US yields. BOE Governor is slated to speak later in the day.
XAU/USD hits nine months lows under $1680
Gold prices continue under pressure and recently reached at $1679, the lowest level since early June. It then bounced modestly to the upside but remained under pressure about to pots the eight daily loss out of the last ten trading days.
Bitcoin bulls pick the baton as $54,000 beckons
Norway's gas giant Aker invests part of its funds in BTC, believes the growth is inevitable. BTC must hold above $50,000 to ensure that focus remains on $54,000. ETH is nurturing a potential technical breakout aiming for levels above $2,000.
US Dollar Index: Next on the upside emerges 92.46
DXY pushes higher and record new 2021 highs around 92.30. The next hurdle is located at the Fibo level at 92.46.