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EUR/USD falls to 1.1200 on ECB headlines

Market talks suggesting that European policymakers are studying a potential revamp of their inflation goal of below but close to2.0%. EUR/USD  bounces just modestly from a daily low of 1.1204.

EUR/USD News

GBP/USD off highs, holds above 1.2450 on solid UK data

The GBP/USD pair reverses upbeat UK retail sales data led gains, but holds firmer above the 1.2450 level amid renewed Brexit optimism around the Irish border backstop and broad USD weakness. 

GBP/USD News

USD/JPY weakens farther below 108.00 handle, drops to over 2-week lows

Sliding US bond yields weigh on the USD amid impending Fed rate cut later this July. US-China trade tensions underpin JPY’s safe-haven demand and add to the selling bias.

USD/JPY News

Federal Reserve Beige Book: A rate cut is not about the US economy

The basic notes of the US economy, success on the consumer and labor sides coupled to an apprehensive business sector remained the status quo in the latest Federal Reserve report issued on Wednesday. 

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No boundaries for the Cryptomarket

After two days of statements in the House of Representatives, the market is cleared of doubts and it dawns reacting to the rise. Libra must build the trust that Facebook lost. Altcoins segment signals possible trend reversal.

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CRYPTO KEYS

Bitcoin market update: BTC/USD impressively rebounds to touch $10,000; bulls getting exhausted

Bitcoin rollercoaster rides are at their full throttle and paint a picture of extreme volatility levels. As FXStreet reported, the slump from highs slightly above $11,000 explored levels marginally above $9,000 on Wednesday before recovery ensued.

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Litecoin price analysis: LTC/USD recovery loses steam under $100

Litecoin gained incredibly yesterday following the drop to recent support at $77.50. After the 15% correction in a single day, LTC/USD hit a high around $94.86 before the trend gave way for a retracement touching $87.18 during the Asian trading hours on Thursday.

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Ethereum price analysis: ETH/USD maintains a ‘buy’ rating despite recovery from $190

Ethereum has in the past few days come under heavy selling pressure. The crypto plunged from levels above $300 and explored how deep the rabbit hole goes under $200. Support established at $190 allowed the bulls to take over control and push for gains above $200.

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