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EUR/USD ranges around 1.1750 amid US-Iran peace deal hopes

EUR/USD maintains range play around 1.1750 in early Europe on Thursday, stalling its pullback from the 1.1800 neighborhood. The pair remains at the mercy of the US Dollar dynamics amid optimism that the US and Iran will reach a peace deal. Strong German Factory Orders data fail to inspire the Euro.

GBP/USD defends gains near 1.3600 as USD stabilizes

GBP/USD defends minor bids near 1.3600 heading into the European opening bells on Thursday. The US Dollar seems to stabilize after the recent declines, limiting the pair's upside. However, the Pound Sterling remains supported by surging UK gilt yields and risk flows.

Gold sticks to gains above $4,700 as USD remains weak on Iran deal hopes, receding Fed bets

Gold retains its positive bias for the third straight day and trades above the $4,700 mark, closer to a one-and-a-half-week high, heading into the European session. Bulls seem hesitant however, and opt to wait for further clarity over a potential US-Iran peace deal before positioning for further gains. Meanwhile, the downside remains cushioned on the back of fading expectations for a more hawkish US Federal Reserve and a broadly weaker US Dollar, which tends to underpin demand for the bullion.

Ondo rallies on first-ever tokenized Treasury bill settlement

Ondo Finance (ONDO) price extends a seven-day rally on Thursday on its first-of-its-kind OUSG tokenized short-term U.S. Treasury settlement. The ONDO price rally outperforms XRP, even as Ripple also participated in the project.

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CRYPTOCURRENCIES

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