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GBP/USD rises above 1.2850 ahead of UK Retail Sales figures

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GBP/USD continues to strengthen for the second consecutive session, trading around 1.2870 during the Asian hours on Friday. The improved risk sentiment, driven by a stronger-than-expected recovery in US Retail Sales, has eased concerns about a potential US recession and boosted risk-sensitive currencies like the Pound Sterling.

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  • GBP/USD: Pound has risen past 1.2800

GBP/USD NEWS

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EUR/USD trades with modest gains amid softer USD, remains below 1.1000 mark

The EUR/USD pair builds on the previous day's late rebound from the 1.0950 area and gains some positive traction during the Asian session on Friday. Spot prices, however, struggle to capitalize on the uptick and trade around the 1.0975-1.0980 region, up just over 0.05% for the day.

GBP/USD NEWS

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EUR/USD trades with modest gains amid softer USD, remains below 1.1000 mark

The EUR/USD pair builds on the previous day's late rebound from the 1.0950 area and gains some positive traction during the Asian session on Friday. Spot prices, however, struggle to capitalize on the uptick and trade around the 1.0975-1.0980 region, up just over 0.05% for the day.

GBP/USD NEWS

banner
EUR/USD trades with modest gains amid softer USD, remains below 1.1000 mark

The EUR/USD pair builds on the previous day's late rebound from the 1.0950 area and gains some positive traction during the Asian session on Friday. Spot prices, however, struggle to capitalize on the uptick and trade around the 1.0975-1.0980 region, up just over 0.05% for the day.

GBP/USD NEWS

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USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

7 minutes

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CRYPTOCURRENCIES
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MakerDAO upgrade stirs controversy following centralization allegation

MakerDAO (MKR), the governance protocol behind the DeFi stablecoin DAI, announced on Tuesday that it has rebranded to Sky, introducing new upgrades to its governance token and stablecoin. Following the announcement, the governance team has been subject to criticism from several crypto community members.

More Bitcoin News

cryptocurrencies

MakerDAO upgrade stirs controversy following centralization allegation

MakerDAO (MKR), the governance protocol behind the DeFi stablecoin DAI, announced on Tuesday that it has rebranded to Sky, introducing new upgrades to its governance token and stablecoin. Following the announcement, the governance team has been subject to criticism from several crypto community members.

More Bitcoin News

cryptocurrencies

MakerDAO upgrade stirs controversy following centralization allegation

MakerDAO (MKR), the governance protocol behind the DeFi stablecoin DAI, announced on Tuesday that it has rebranded to Sky, introducing new upgrades to its governance token and stablecoin. Following the announcement, the governance team has been subject to criticism from several crypto community members.

More Bitcoin News

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MakerDAO upgrade stirs controversy following centralization allegation

MakerDAO (MKR), the governance protocol behind the DeFi stablecoin DAI, announced on Tuesday that it has rebranded to Sky, introducing new upgrades to its governance token and stablecoin. Following the announcement, the governance team has been subject to criticism from several crypto community members.

More Bitcoin News

Real Time Rates
ASSET Last Bid Ask Chg % Chg Open High Low
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396
NZD/USD 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396 0.62396

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

Aug 30,16:59 GMT

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

Aug 30,16:59 GMT

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

Aug 30,16:59 GMT

USD/CAD falls toward 1.3700 due to improved risk sentiment, Oil’s weekly gains

By Akhtar Faruqui

Aug 30,16:59 GMT

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Weekly Forecast
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EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

forecast_image

EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

forecast_image

EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

forecast_image

EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

forecast_image

EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

forecast_image

EUR/USD: Further advances appear in the pipeline PREMIUM

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar (USD).

Read Full Analysis

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Boring trading that revolutionises your game [Video]

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Kathy Lien

BK Asset

Education

Boring trading that revolutionises your game [Video]

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Kathy Lien

BK Asset

Education

Boring trading that revolutionises your game [Video]

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Kathy Lien

BK Asset

Education

Boring trading that revolutionises your game [Video]

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Kathy Lien

BK Asset

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Bitcoin & Crude Oil: Where to from here?

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By Akhtar Faruqui

7 minutes ago

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