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EUR/USD clings to daily gains above 1.0850 after US data
EUR/USD stays in positive territory above 1.0850 in the American session on Friday. Disappointing consumer sentiment data from the US makes it difficult for the US Dollar (USD) to find demand and helps the pair hold its ground heading into the weekend.
GBP/USD stays below 1.2950 despite weak US sentiment data
GBP/USD struggles to gather recovery momentum and trades in negative territory below 1.2950 in the American session, despite the broad-based USD weakness. Earlier in the day, disappointing GDP data from the UK weighed on Pound Sterling, dragging the pair lower.
US SEC may declare XRP a 'commodity' as Ripple settlement talks begins
The US SEC is considering declaring XRP as a commodity in the ongoing settlement talks with Ripple Labs. FOX News reports suggest Ethereum's regulatory status remains a key reference for XRP’s litigation verdict.
Week ahead – Central banks in focus amid trade war turmoil
Fed decides on policy amid recession fears. Yen traders lock gaze on BoJ for hike signals. SNB seen cutting interest rates by another 25bps. BoE to stand pat after February’s dovish cut.
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