The NZD/USD traded mostly flat on Friday’s session and failed to hold gain which took it to a high around 0.6260 as it then retreated to 0.6240.
The USD/JPY registers gain for back-to-back days, yet it remains shy of decisively cracking the 144.00 figure despite registering a weekly high of 144.49.
The AUD/USD declined by 0.40% to 0.6790 in Friday's session, pressured by growing expectations of interest rate cuts by the Federal Reserve (Fed).
Gold prices climbed past $2,600, recording new all-time highs amid increasing speculation that the Federal Reserve will continue to lower borrowing costs and heightened tensions between Israel and Hezbollah in the Middle East.
The Canadian Dollar (CAD) found little underpinning momentum on Friday, and the CAD is poised to wrap up the end of the trading week close to where it started.
Ripple (XRP) trades at $0.5800 early on Friday. Ripple Chief Legal Officer (CLO) Stuart Alderoty traded barbs on the recent lawsuit and Securities & Exchange Commission (SEC) Chair Gary Gensler’s role in crypto regulation.
The US economy is experiencing a moderate slowdown, but indicators suggest that economic activity remains robust overall.
The Dow Jones Industrial Average (DJIA) edged back into the top end during the Friday market session, keeping bids north of 42,000 and sticking close to this week’s all-time record peaks.
The Mexican Peso extended its losing streak against the Greenback to three consecutive days, with the currency set to sustain weekly losses.
Near Protocol (NEAR), Artificial Superintelligence Alliance (FET) and Internet Computer Protocol (ICP) observed weekday gains of 9%, 19% and 1%, respectively, thus far.
Federal Reserve (Fed) Board of Governors member Michelle Bowman clarified on Friday why the policymaker voted against the Fed's 50 bps jumbo rate cut this week.
MicroStrategy continued its Bitcoin buying spree on Friday after it announced the purchase of 7,420 BTC for $458.2 million.
Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Friday that while the Fed's decision to cut interest rates by an accelerated 50 bps, the Fed's data-dependent approach could mean that the next meeting will be a pause as policymakers await further data.
In Friday's session, the EUR/GBP pair continued to decline, losing 0.15% to close at 0.8385.
The Pound Sterling registered minimal gains versus the US Dollar during the North American session after reaching a two-and-a-half-year high of 1.3340 on an upbeat retail sales report in the UK.
Cardano (ADA) price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead.
Gold prices continue to melt into new all-time highs in the overnight, TDS Senior Commodity Strategist Daniel Ghali notes.
Please note that many miner wallets dormant for more than 15.5 years are transferring $BTC! 5 miner wallets have transferred 250 $BTC($15.9M) in the past hour.
The NZD/USD pair faces selling pressure above the crucial resistance of 0.6250 in Friday’s North American trading hours.