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Yet resistance at $1.1456 may prove to be strong.
The GBP/USD pair held steady on Thursday morning as investors reacted to the latest American consumer inflation data.
The BTC/USD price continued its cautious recovery as investors predicted that the rising inflation in the United States may have peaked.
The AUD/USD price jumped to a key resistance level as the US dollar sold off following the strong American inflation data.
Direction is relatively uncertain on a quiet Monday.
The GBP/USD pair jumped to the highest level since November after the mixed jobs numbers from the United States.
The EUR/USD pair tilted higher on Friday as investors reflected on the latest American jobs numbers.
The AUD/USD pair moved in a tight range on Monday morning as investors assessed the impact of the American jobs data on the Fed policy.
The crypto sector has been exhibiting bearish signs over the past ten days.
The GBP/USD rose to the highest level since November 9th as hopes of a more hawkish Bank of England (BOE) rose.
The EUR/USD held steady even as an energy crisis in the European Union continued.
The AUD/USD pair tilted upwards in the overnight session even after the latest surge of Australian Covid-19 cases.
There will likely be strong support at $1.1261.
The GBP/USD price rose to a key resistance level after the UK government ruled out further Covid-19 restrictions.
The BTC/USD pair remained in a tight range slightly above a key support level as investors focused on the strong US dollar.
The AUD/USD pair tilted upwards as investors and analysts priced in ending of Australia’s quantitative easing (QE) even as the number of Omicron cases rose.
The big round number at 115.00 has finally been fully overcome.
The GBP/USD pair pulled back on the back of the overall strong US dollar.
The EUR/USD pair declined sharply as the US Dollar Index jumped on the first trading day of the year.
The BTC/USD pair remained under pressure in the evening session even as the Bitcoin hashrate surged to an all-time high.