The EUR/USD pair tumbled in the overnight session as investors reflected on the Jerome Powell reappointment.
Break below $55k would be another bearish signal.
The GBP/USD pair has been in a tight range in the past few weeks as investors reflect on the potential convergence between the Fed and the Bank of England (BOE).
The AUD/USD tumbled to the lowest level since October this year as concerns of a relatively hawkish Federal Reserve remained.
The EUR/USD pair tumbled to the lowest level in more than a year as the US dollar continued its bullish momentum.
The price is trading near 1-year lows below $1.1338.
The GBP/USD pair tilted upwards on Wednesday and early Thursday as the market reflected on the overall strong economic data from the UK and the US.
The AUD/USD pair slipped to the lowest level since October 7 as investors reflected on the rising US dollar and the relatively dovish Reserve Bank of Australia (RBA).
The BTC/USD pair struggled to bounce back as it crashed to a multi-week low.
The pair is trading between $1.3375 and $1.3475.
The BTC/USD pair dropped below the key support of 60,000 on Tuesday.
The AUD/USD pair declined slightly during the American session as the market reflected on US retail sales data and the dovish Reserve Bank of Australia.
The EUR/USD sell-off gained steam overnight as the market reacted to the strong economic data from the United States.
The EUR/USD pair crashed to the lowest level since July 2020 ahead of the latest EU GDP data and US retail sales numbers.
The GBP/USD pair was little changed in early trading as investors waited for the latest UK jobs and inflation data.