EUR/USD. The euro is gaining ground in the EUR/USD pair, recovering from a sharp decline seen the previous day and testing the 1.1990 level for a bullish breakout. The focus of investors and FX traders remains on the outcome of the US Federal Reserve meeting that concluded yesterday.

EUR/USD. The euro is gaining value in the EUR/USD pair during the Asian session, slightly recovering after two days of sharp decline.

Galaxy Digital CEO Mike Novogratz said that community-driven tokens will face increasing market pressure in the coming years. As the crypto industry matures and the next cycle approaches in 2026, investors are more likely to demand real economic utility from projects — not just an active fan base.

The US dollar is strengthening today against the euro, the pound, and the yen. The focus of forex traders and investors remains on labor market data: in November, the unemployment rate rose from 4.4% to 4.6%, exceeding the forecast of 4.5% and reaching its highest level since 2021. Nonfarm payrolls increased from –105.0 thousand to 64.0 thousand, while private nonfarm employment rose by 69.0 thousand versus expectations of 45.0 thousand. At the same time, average hourly earnings accelerated from 0.2% to 0.4%.