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EUR/USD managed to regain its traction and turned positive on the day above 1.0550. The data from the Eurozone showed that Sentix Investor Confidence improved to -21 in December from -30.9 in November. Investors await ISM Services PMI data from the US.
GBP/USD has lost its bullish momentum and gone into a consolidation phase at around 1.2300. Ahead of the ISM Services PMI data from the US, the cautious market mood helps the US Dollar limit its losses and doesn't allow the pair to turn north.
XRP price could make or break based on the outcome of Ripple Labs case with the US Securities and Exchange Commission (SEC). In the latest twist and turn in the courtroom drama, Ripple (XRP), which is a cross-border payment settlement firm.
Bitcoin price is struggling to overcome a small hurdle after a fresh start to the week. A closer look reveals that BTC could easily trigger a rally but is unable to do so despite a lack of resistance to the upside.
AVAX price has broken out of a critical hurdle and pattern, signaling the start of a quick run-up. However, bulls face another blockade that needs to be overcome to trigger an extended rally.