Over the past 12 days, Dogecoin (DOGE) has endured a sharp decline, shedding more than 40% of its value. After trading above $0.48 on December 8, the meme-inspired cryptocurrency briefly sank to $0.
The upward momentum of the U.S. dollar continues to build: GBP/USD traded below 1.3000 this week; EUR/USD tested 1.0800; USD/JPY buyers strengthened the price above the key support level of 150.00. GB