GBP/USD Slides Below 1.26 as Dollar Strengthens

The British pound weakened against the US dollar on Thursday, as the greenback rallied across the board amid higher inflation expectations and bond yields. The GBP/USD pair extended its decline from the 1.2680 area, which was the highest level since April 2022, and touched a fresh weekly low of 1.2565.

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How Polygon (MATIC) Price Struggles to Recover from a Four-Month Low

Polygon (MATIC) is a layer-2 scaling solution that aims to improve the speed and efficiency of Ethereum-based applications. However, despite its promising features and growing adoption, MATIC price has been on a downward trend since reaching an all-time high of $2.68 in May 2021. In this article, we will examine.

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Floki Inu Coin: A Rising Star in the Crypto Market

Floki Inu coin (FLOKI) is a meme-themed token that was created by fans and members of the Shiba Inu community. The coin is named after Elon Musk’s Shiba Inu dog, Floki, who was revealed to the public in September 2021. The coin aims to be the people’s cryptocurrency and the.

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How the US debt ceiling crisis affects the euro

The euro has lost some of its gains against the US dollar in recent days, as the US faces a looming deadline to raise its debt ceiling or risk defaulting on its obligations. The US debt ceiling is a legal limit on how much the federal government can borrow to.

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How the Debt Ceiling Crisis Could Affect the Euro-Dollar Exchange Rate

The euro-dollar exchange rate is one of the most important indicators of the global economy, reflecting the relative strength and stability of the two largest currency areas in the world. However, the exchange rate is also influenced by political factors, such as the ongoing debt ceiling crisis in the US..

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PEPE Meme Coin Surges 1000% in 10 Days, But Price Declines Over 50% Since

PEPE, a cryptocurrency inspired by the popular “Pepe the frog” internet meme, recently saw a significant surge in popularity as its price skyrocketed by a staggering 1,000% in just ten days. On May 5, the coin hit an all-time high of $0.00000431, drawing attention from cryptocurrency enthusiasts and investors alike..

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Bitcoin Remains at Lows of Two Months, with Targets at $25K and $30K

Introduction: Bitcoin has been making headlines for its price volatility, with the world’s most famous cryptocurrency trading around $27.6K at the time of writing, which is below its 50-day moving average and remains at the lows of the last two months. While the bulls can’t gain more than a pause.

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AUD/USD Trades with a Slight Negative Bias, Lacks Follow-Through

Introduction: The AUD/USD pair is a popular currency pair that represents the exchange rate between the Australian dollar and the US dollar. In recent days, the pair has attracted some sellers following an intraday uptick to the 0.6775 area on Wednesday and turned lower for the second successive day, though.

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USD/JPY Unlikely to Drop to 133.00, Say Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group

Introduction: The exchange rate between the US dollar (USD) and the Japanese yen (JPY) is closely watched by investors and analysts as it reflects the strength of the US and Japanese economies. Recently, there has been speculation about the likelihood of the USD/JPY dropping to the 133.00 region. In this.

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Litecoin Investors Stay Motivated Despite Price Drop

Litecoin, one of the most popular cryptocurrencies, has experienced a significant price decrease in the last three days. Its value fell by more than 12%, causing the altcoin to drop below the $80 mark, reaching $78 at the time of writing. The drop in price is similar to that of.

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GBP/USD Remains in a Sideways Consolidative Price Move

Introduction The GBP/USD pair has been range-bound and consolidating for the past two days, confining itself in a narrow trading band. As of Wednesday’s European session, the pair remains steady above the 1.2600 mark, showing little indication of breaking out of its current sideways movement. Factors Affecting GBP/USD Consolidation One.

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SHIB Loses Psychological Support Level of $0.00001000 Amid Ongoing Decline

Introduction The Shiba Inu token, popularly known as SHIB, has been one of the most talked-about meme coins in the cryptocurrency space. It gained massive popularity in May 2021 after it was listed on Binance, one of the world’s largest cryptocurrency exchanges. However, since hitting its year-to-date highs in early.

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