The Euro (EUR) is on the back foot for a fifth straight day against the US Dollar on Wednesday, weighed down by a stronger Greenback and ongoing concerns over the recently announced US-EU trade deal, which many investors see as skewed in Washington’s favor.
Ethereum (ETH) celebrates its 10th anniversary on Wednesday, marking a decade of powering decentralized applications, smart contracts, and blockchain innovation. ETH's anniversary comes as its price remains close to year-to-date highs, above its key support at $3,730.
Upward momentum is building, but for a continued advance, US Dollar (USD) must first close above 7.1910, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.