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EUR/USD is holding steady near 1.0200, extending choppy trading in the European session. The US dollar struggles to find demand amid weaker Treasury yields, as all eyes remain on the all-important inflation data.
GBP/USD is juggling in a tight range below 1.2100, as investors refrain from placing bets on the pair ahead of the US Inflation data. The annualized US CPI is seen softening in July to 8.7%, although core figures are likely to quicken.
Dogecoin price shows signs of consolidation as it produces a potential top formation. While the direction of DOGE is decided, there might be a minor detour before reaching its target.
Solana price shows a slow takeover of the bears after bulls managed to move the asset higher. Due to Bitcoin’s sudden sell-off, altcoins, including SOL, have taken a major hit.
Hedera Hashgraph has the potential to rally towards 2000%. Traders should keep the smart contract alternative token on their watchlists and consider a dollar cost average approach for investing.