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EUR/USD: Upcoming PMIs could bring some relief
The growing downward pressure pushed EUR/USD to new lows around 1.0760 for the first time since late July. This move was largely driven by the US dollar’s strong performance and the lack of meaningful news from ECB policymakers.
GBP/USD tests 1.3000, faces headwinds due to dovish sentiment surrounding the BoE
The GBP/USD pair edges higher toward 1.3000 during Asian trading on Wednesday. However, the Pound Sterling faced headwinds due to declining consumer and producer inflation figures, coupled with weak labor market data in the United Kingdom.
Tesla moves $776 million in Bitcoin, what to expect
Tesla has moved its Bitcoin holdings, according to on-chain data tracked by Arkham Intelligence. Tesla’s Bitcoin holdings have been split into seven different wallet addresses.
US presidential election outcome could shape the future of crypto
US citizens will go to the polls to elect a new president on November 5, and their choice could be key for the future of the crypto industry and thus the price outlook for Bitcoin (BTC).
Ethereum Price Forecast: Lower average fees may increase ETH network usage
Ethereum continues to trade down for the third consecutive day following rejection from the $2,700 level. ETH average fees drop below $2, boosting the prospects for increased network usage.