The euro reclaimed the $1.16 level, marking its strongest performance since mid-November as positioning turned cautious ahead of key US and Eurozone releases. Mixed inflation patterns across the bloc added nuance to the outlook, with Germany and Spain running above target while France and Italy continued to lag.

Bitcoin edged up to $86,495, pushing its four-week advance to almost 19%, even though its 12-month performance remains below zero. Current projections point to further progress into the next quarter, with potential moves toward $91,700 and, over a longer horizon, levels beyond $102,000.

Energy markets stayed on alert after fresh supply disruptions. Brent crude hovered near $63.3, supported by damage to key infrastructure along the Caspian Pipeline Consortium route after Ukrainian strikes halted crude loadings from Kazakh fields. Tensions between the US and Venezuela added another layer of uncertainty, with Washington effectively treating Venezuelan airspace as closed.

Take a look at today's analysis for more market updates!