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EUR/USD stays below 1.0500 after German and EU PMI data
EUR/USD stays on the back foot and trades below 1.0500 in the European session on Friday after the data from Germany and the Eurozone showed that the economic activity in the private sector expanded at a moderate pace in February. Investors await US PMIs.
GBP/USD retreats to 1.2650 area after mixed UK data
GBP/USD struggles to gather bullish momentum and stays near 1.2650 in the European session on Friday. Earlier in the day, the upbeat UK Retail Sales helped Pound Sterling find demand but the mixed PMI reports limited the pair's upside. Focus shifts to key US data releases.
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Editors’ Picks
Gold drops over 1% from Thursday’s all-time high
Gold dives lower and slips below $2,925 on Friday. The Trump administration puts lifting trade bans against Russia on the table. Traders are mulling the upcoming US preliminary S&P PMI data for February.
Bitcoin gears up for volatility while Ethereum and Ripple fight to stay afloat
Bitcoin price has been consolidating between $94,000 and $100,000 since early February; this consolidation phase could soon end. Ethereum price shows signs of strength while Ripple price fights to stay afloat.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC gears up for volatility while ETH and XRP fight to stay afloat
Bitcoin price has been consolidating between $94,000 and $100,000 since early February; this consolidation phase could soon end. Ethereum (ETH) price shows signs of strength while Ripple (XRP) price fights to stay afloat.