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EUR/USD hovers around 1.0850 ahead of Eurogroup meeting, US data

EUR/USD is trading around 1.0850 as tensions mount ahead of the Eurogroup meetings which have previously ended in acrimony. US jobless claims, consumer confidence, and Fed Chair Powell's speech are all eyed. 

EUR/USD News

GBP/USD trades around 1.24 after as Johnson's condition, US data eyed

GBP/USD is trading around 1.24, consolidating its gains as UK monthly GDP disappoints with -0.1% in February. PM Johnson's condition is stable, but he remains in intensive care. US jobless claims, consumer confidence, and Powell's speech are awaited.

GBP/USD News

Crypto market shifting to the hyperspace

The typical pattern expects the participation of second-line Altcoins, such as Litecoin or Ethereum Classic. The current phase can cause occasional periods with a strong increase in volatility. The bulls have the advantage over the bears, but they don't yet have market control.

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WTI consolidates the upside near $26 amid imminent OPEC+ output cuts

WTI (oil futures on NYMEX) is consolidating the advance to a new two-day high of 26.66, as the bulls take a breather the recent bounce back from near 25.60 region. At the press time, the US oil trades at 26.05, still up 3.80% so far.

Oil News

Gold: Recovery rally weakens demand for put options

Gold has gained significant ground over the last couple of weeks. The yellow metal bottomed out near $1,515 on March 20 and was last seen trading near $1,650 per ounce, representing a 0.38% gain on the day. Prices hit a high of $1,678 on Tuesday. 

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