US Public Debt

EUR/USD is trading near its highest level in months after a bullish breakout pushed the pair above key resistance. Bond-market volatility, US consumer data, the PCE inflation gauge and European flash inflation figures now sit at the center of the next move.

Bitcoin climbed to its highest level in months after a prolonged consolidation, with spot ETF inflows and US bond-market stress adding fuel to the move. Traders are watching whether BTC/USD can hold above 70000 and clear 79475 to open a path toward 82000.