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EUR/USD volatility to escalate as USD Index strengthens ahead of US NFP

EUR/USD volatility to escalate as USD Index strengthens ahead of US NFP

The EUR/USD pair is attempting to build a cushion below 1.0900 in the Asian session. The major currency pair has shown wild moves in the past two trading sessions led by Federal Reserve’s (Fed) interest rate decision-inspired volatility. 

EUR/USD News

GBP/USD finds a cushion around 1.2200, downside seems favored as spotlight shifts to US NFP Premium

GBP/USD finds a cushion around 1.2200, downside seems favored as spotlight shifts to US NFP

The GBP/USD pair struggled to capitalize on the previous day's post-FOMC positive move and attracted heavy selling near the 1.2400 mark on Thursday. The British Pound started losing ground in reaction to a dovish assessment of the Bank of England (BoE) policy outlook, which exerted downward pressure on the major.

GBP/USD News

Cardano Price Prediction: The market bottom no one wants to call

Cardano Price Prediction: The market bottom no one wants to call

Cardano price continues to make gains in the crypto market, as the smart contract has risen 70% since January 1, reaching a new uptrend high at $0.4138. Despite the skeptical market sentiment for risk assets, Cardano’s Price action remains unfazed.

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Algorand Price Prediction: Bulls aiming for a 25% spike

Algorand Price Prediction: Bulls aiming for a 25% spike

Algorand price is showing an applaudable amount of strength to start the month of February. The scalable blockchain token could rally an additional 25% if market conditions are met.

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Crypto.com Price Prediction: CRO at a crossroads

Crypto.com Price Prediction: CRO at a crossroads

Crypto.com price has been trading within a 10% range for nearly two weeks. The $0.08 barrier has consistently acted as resistance, and the mid-$0.07 has acted as support. The coiling range has yet to make a decision on which way it will resolve.

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