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Editors’ Picks
EUR/USD holds losses near 1.1400 after EU Sentix data
EUR/USD holds losses near 1.1400 in European trading on Tuesday, failing to find any inspiration from strong Eurozone Sentix Investor Confidence data. The pair remains weighed by moderate US Dollar demand as traders eagerly await the outcome of the US-China trade talks.
GBP/USD drops below 1.3500 after UK jobs data
GBP/USD stays under bearish pressure in the European session on Tuesday and trades below 1.3500. The data from the UK showed that the ILO Unemployment Rate rose to 4.6% in the three months to April, as expected. Markets await the outcome of US-China trade talks.
Hypeliquid inches toward its all-time high, breakout to $46 in sight
Hyperliquid, the decentralized perpetual trading platform and Layer 1 blockchain, is extending its gains on Tuesday, just inches away from the all-time high of $39.96. On-chain and derivatives data support the price rally as HYPE’s Open Interest and Total Value Locked are rising.
Tesla stock down 17% as Musk-Trump breakup worries Wall Street
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Tesla (TSLA) stock is facing one of its worst trading sessions in a long time on Thursday. Shared closed above $332 on Wednesday, but at the time of writing late in the afternoon session, TSLA has traded below $274, suffering a 17% sell-off.
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