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EUR/USD has recorded a minor correction after hitting a high of 1.0489 on Thursday. The major is expected to remain on the sidelines as investors are awaiting the release of the US ISM PMI and eurozone Harmonized Index of Consumer Prices (HICP).
GBP/USD is nearing 1.2100, returning to bear’s radar, after a one-day absence. Brexit, politics and economic pessimism weigh on the pound in early Europe. Doubts over ‘partygate’ investigation take rounds, Irish deputy PM accuses No10 over NIP. UK/US PMIs eyed.
With the collapse in Bitcoin and Ethereum prices, the pressure to regulate cryptocurrencies was mounting on regulators worldwide. The European Union said on Thursday, that they seek agreement on rules for regulating crypto assets and combat money laundering activities.
Airwallex, a leading financial services platform, expanded its payment services to New Zealand. The fintech firm joined RippleNet in 2017 and offers services to businesses as a substitute for conventional banks.
Shiba Inu price embarked on a massive uptrend after bottoming on June 19. However, the ascent faced issues and headwinds, leading to an eventual retracement.