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Indonesian Rupiah strengthens despite market caution
USD/IDR loses ground for the second successive day, trading around 17,750 during the early European hours on Friday.
Fri, Aug 28
Equities: Tech gains conceal broader market weakness - Deutsche Bank
Deutsche Bank strategists note that Nvidia’s post-earnings surge drove a sharp rally in technology stocks, lifting the S&P 500 by 0.72% and the Nasdaq by 1.57%.
Fri, Aug 28
Euro extends losses below 1.1650 with all eyes on Jackson Hole
The Euro (EUR) has resumed its recent downward trend against the US Dollar (USD) on Friday, with investors bracing for the Federal Reserve (Fed) Chairman Kevin Warsh’s speech at the Jackson Hole Symposium due later on the day.
Fri, Aug 28
British Pound: Limited downside inside tight corridor against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note GBP/USD has extended its recent pullback but closed almost unchanged around 1.3595. Oversold conditions and slowing momentum suggest further immediate downside is limited, with intraday trade expected between 1.3570 and 1.3620.
Fri, Aug 28
Euro: ECB hike view supports range against US Dollar - Danske Bank
Danske Research Team notes that EUR/USD remains steady near 1.1650 as markets reassess the ECB outlook.
Fri, Aug 28
GBP/USD Price Forecast: Holds steady to near 1.3600, with bullish bias intact above 100-day SMA
The GBP/USD pair steadies around 1.3590 during the early European session on Friday. Traders pared expectations for an interest rate hike by the Bank of England (BoE) this year and shifted their attention to the annual symposium on monetary policy at Jackson Hole in the US later on Friday.
Fri, Aug 28
EUR/JPY Price Forecast: Holds ground above 185.50 near nine-day EMA
EUR/JPY remains steady after minor gains the previous day, trading around 185.80 during Asian hours on Friday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling an ongoing bullish bias.
Fri, Aug 28
Cardano Price Forecast: Whale accumulation fails to dispel uncertain ADA outlook
Cardano (ADA) edges below $0.220 at the time of writing on Friday after losing over 7% so far this week. Despite the recent weakness, on-chain data shows that some whale wallets are using the pullback to accumulate ADA tokens.
Fri, Aug 28
Pi Network Price Forecast: PI holds steady as Core Team focuses on distributed AI infrastructure
Pi Network (PI) price hovers above $0.0900 on Friday, sustaining the mild 3% gains recorded over the last two days. Pi Core Team announced the launch of new SoloHost apps, OpenClaw and Atlassian MCP Server, on Thursday, in hopes of expanding the Pi ecosystem.
Fri, Aug 28
Canadian Dollar flatlines as traders await Jackson Hole Symposium
The USD/CAD pair trades on a flat note around 1.3850 during the early European trading hours on Friday. Traders prefer to wait on the sidelines ahead of Federal Reserve (Fed) Chair Kevin Warsh's speech at the Jackson Hole symposium later on Friday for clues on his policy outlook.
Fri, Aug 28
United States Dollar Index steadies above 99.00 before Fed Chair Warsh speech
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining minor support after registering minor losses in the previous day and trading around 99.20 during the Asian hours on Friday.
Fri, Aug 28
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Fri, Aug 28
Silver Price Forecast: XAG/USD slips below $69.00 ahead of Fed Chair speech
Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $68.80 per troy ounce during the Asian hours on Friday.
Fri, Aug 28
Crypto Overview: Bitcoin tops $80,000 amid $6 billion options expiry – Ethena, Official Trump rally
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback.
Fri, Aug 28
Euro gains on hawkish ECB policy outlook
EUR/USD edges higher after registering minor gains in the previous day, trading around 1.1650 during the Asian hours on Friday. The pair gains ground, bolstered by the European Central Bank’s (ECB) hawkish monetary policy outlook.
Fri, Aug 28
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum
Bitcoin (BTC) and Ethereum (ETH) extend gains on Friday, trading above $80,000 and $2,500, respectively, having rallied over 3% and 1.5% so far this week. Meanwhile, Ripple (XRP) hovers around $1.44 on Friday, down more than 5% this week.
Fri, Aug 28
New Zealand Dollar gains ground above 0.5950, markets eye Jackson Hole Symposium
The NZD/USD pair gathers strength to near 0.5960 during the Asian trading hours on Friday, bolstered by a hawkish tone from the Reserve Bank of New Zealand (RBNZ). Markets might turn cautious later in the day ahead of Federal Reserve (Fed) Chair Kevin Warsh's speech at the Jackson Hole Symposium.
Fri, Aug 28
ENA jumps over 20% as Ethena pushes to end investor unlock overhang
The Ethena (ENA) Foundation has announced a series of measures to address two long-standing concerns about its ecosystem, including selling pressure from early investors and uncertainty over how the protocol's economic value is distributed.
Fri, Aug 28
Australian Dollar rises as RBA rate hike odds increase
AUD/USD continues its winning streak for the fourth successive day, trading around 0.7200 during the Asian hours on Friday. The currency pair is appreciating as the Australian Dollar (AUD) receives strong support from rising Reserve Bank of Australia (RBA) rate hike bets.
Fri, Aug 28
Gold edges lower below $4,600, all eyes on Jackson Hole Symposium
Gold price (XAU/USD) attracts some sellers to around $4,580 during the Asian trading hours on Friday. The precious metal retreats from a three-month high as in-line US inflation data has reinforced the possibility of further Federal Reserve (Fed) rate hikes.
Fri, Aug 28
