The Euro (EUR) edges up against the British Pound (GBP) on Friday, trading at the 0.8630 area at the time of writing after dropping from Thursday’s highs at 0.8670, but remains dangerously close to the eight-month lows of 0.8610. The common currency accelerated its downtrend on Thursday following monetary policy decisions by the European Central

ING’s Chris Turner argues Japanese authorities likely intervened to push USD/JPY back below 160, echoing the 2024 pattern of sizeable FX sales around late April and early May. He expects investors to brace for more action in coming days and sees solid demand for USD/JPY near 155, while DXY is projected to hold firm around

Silver price (XAG/USD) trades flat at around $73.70 during the European trading session on Friday. The white metal consolidates as investors await clarity on the United States (US) interest rate outlook, for which investors will focus on speeches from Federal Reserve (Fed) officials who are allowed to speak on the monetary policy, following the completion

0808 GMT – Gold prices are headed for a weekly loss of 3% as higher oil prices fuel expectations that central banks might keep interest rates higher for longer. New York futures are down 0.6% to $4,600.20 a troy ounce, with thin trading volumes across key Asian markets on Friday due to public holidays. In