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EUR/USD has lost its bullish momentum and retreated to the 1.0700 area in the early American session. The data from the US showed that the economy contracted at an annualized rate of 1.5% in the first quarter and Initial Jobless Claims declined to 210,000 last week.
GBP/USD has reversed its direction and retreated below 1.2600 in the early American session with the dollar staging a rebound after US data. UK Finance Minister Sunak announced on Thursday that they will be providing support to low-income households.
Cryptocurrency exchanges are on board Terra’s LUNA hard fork and Do Kwon’s plan for the Terraform Labs token’s rebirth. Do Kwon has garnered support from leading cryptocurrency exchanges for the new Terra chain.
Ethereum dipped below the $1,900 support level over the past few hours. A decisive close below such a vital demand zone will put ETH at risk of a 38% correction toward $1,200.
A brief technical and on-chain analysis on Binance Coin price. Here, FXStreet's analysts evaluate where BNB could be heading next.