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Cryptocurrencies
Optimism Foundation gains control of 546.9 million OP once set aside for users
Optimism token holders approved moving 546.9 million OP, about $49 million, from the user airdrop reserve into a Foundation-run Strategic Ecosystem Fund.
Cryptopolitan
Fri, Aug 21
Cryptocurrencies
Chainlink Price Forecast: LINK hits seven-month highs amid strong DeFi, institutional demand
Chainlink (LINK) is up roughly 8% at press time on Friday, extending its rally to a seven-month high with over 20% so far this week.
Chainlink
Fxstreet
Fri, Aug 21
Economic Indicator
United Kingdom: Burnham sentiment bounce – Deutsche Bank
Deutsche Bank strategists highlight a sharp improvement in sentiment towards Prime Minister Burnham and Labour.
GBP/USD
Fxstreet
Fri, Aug 21
Economic Indicator
S&P Global US PMIs expected to ease slightly in August, still showing solid growth
S&P Global will release the preliminary figures of August’s United States Purchasing Managers' Indices (PMIs), a report collecting top private sector executives' opinions about business conditions, to provide an early indication of momentum in the world’s largest economy.
EUR/USD
Fxstreet
Fri, Aug 21
Cryptocurrencies
Hong Kong court backs 56-month scam sentence as crypto heat grows
A syndicate recruiter has had his 56-month prison sentence confirmed by Hong Kong’s Court of Appeal in a fraud economy that INTERPOL estimates to have resulted in global losses of $442 billion in 2025. The flow of those illegal funds is being increasingly shifted to cryptocurrency exchanges and stablecoins. The case around crypto reveals a...
Cryptopolitan
Fri, Aug 21
Cryptocurrencies
Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows
The cryptocurrency market remains bullish on Friday, led by Bitcoin’s (BTC) surge above $77,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.
Bitcoin
Ethereum
XRP
Fxstreet
Fri, Aug 21
Economic Indicator
United States: Yields risk renewed surge – Rabobank
Rabobank's Senior US Strategist Philip Marey discusses United States (US) Treasuries, noting that the Treasury Department’s surprise move to boost buybacks of longer-term bonds has only briefly interrupted rising yields.
Fxstreet
Fri, Aug 21
Forex
1.3670: British Pound hits six-month highs as UK PMI beats expectations
The British Pound (GBP) rallied to fresh six-month highs against the US Dollar (USD) on Friday, boosted by stronger-than-expected UK business activity data, while the US Dollar remains depressed following the US Treasury’s plan to boost bond buybacks.
GBP/USD
Fxstreet
Fri, Aug 21
Commodities
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $69.94 per troy ounce, up 2.67% from the $68.12 it cost on Thursday.
Silver
Fxstreet
Fri, Aug 21
Cryptocurrencies
ChatGPT can now text on a Mac owner's behalf, and OpenAI stays quiet on data
ChatGPT can now read, draft, and send iMessage, SMS, and RCS texts in Apple Messages on Mac. OpenAI won't say what data the new plug-in touches.
Cryptopolitan
Fri, Aug 21
Economic Indicator
Swedish Krona: Riksbank keeps tightening option open – Commerzbank
Commerzbank’s Antje Praefcke reports that the Riksbank left its policy rate at 1.75% and maintained a restrictive stance, still seeing a hike later this year as likely.
EUR/SEK
USD/SEK
Fxstreet
Fri, Aug 21
Economic Indicator
ECB’s Kazāks: Central bank is well placed to act if needed to get inflation to 2%
European Central Bank (ECB) Governing Council member Mārtiņš Kazāks said during the European trading session on Friday that the central bank won’t hesitate to act if needed to bring Eurozone inflationary pressures down to the 2% target.
Fxstreet
Fri, Aug 21
Forex
Japanese Yen: Weakness offsets intervention impact – MUFG
MUFG's Michael Wan notes that US longer-end yields have returned close to pre-buyback levels, with the 10-year at 4.7% and 30-year at 5.24%, weighing on risk assets.
USD/JPY
EUR/JPY
Fxstreet
Fri, Aug 21
Commodities
WTI Price Forecast: Oil supply tightness supports further upside above $90
West Texas Intermediate (WTI), futures on NYMEX, trade flat near $86.00 during the European trading session on Friday, closer to its over three-week high of $87.38 posted the previous day.
Brent
WTI
Fxstreet
Fri, Aug 21
Indices
US Dollar: Softer bias with pro-risk flows – ING
ING’s Chris Turner, Francesco Pesole and Frantisek Taborsky argue that recent US Treasury buy-backs are primarily a signalling tool against high yields, pointing to a softer Dollar in a risk-friendly environment.
US Dollar Index
Fxstreet
Fri, Aug 21
Forex
Euro steadies against British Pound as strong PMIs offer support on both sides
EUR/GBP trades around 0.8570 on Friday at the time of writing, virtually unchanged on the day.
EUR/GBP
Fxstreet
Fri, Aug 21
Forex
Japanese Yen sticks to gains amid hawkish BoJ bets as USD stays weak on Fed expectations
The USD/JPY pair struggles to capitalize on the previous day's recovery from the 158.00 mark, or a one-and-a-half-week low, and meets with fresh supply on Friday.
USD/JPY
Fxstreet
Fri, Aug 21
Economic Indicator
Federal Reserve: Backstop doubts and high intervention bar – BNY
BNY’s David Tam stresses that while the Federal Reserve retains legal capacity to support corporate credit, the current Warsh Fed is unlikely to repeat Covid‑era interventions.
Fxstreet
Fri, Aug 21
Economic Indicator
Polish Zloty: Inflation re-acceleration weighs on PLN – Commerzbank
Commerzbank’s Tatha Ghose highlights growing challenges for Polish policymakers, citing stretched fiscal plans and accelerating underlying inflation.
Fxstreet
Fri, Aug 21
Economic Indicator
United Kingdom flash Services PMI expands faster to 52.8 in August, beats 51.8 estimates
The United Kingdom (UK) S&P Global Composite Purchasing Managers' Index (PMI) surprisingly expanded at a faster pace to 52.5 in August due to robust service sector activity.
Fxstreet
Fri, Aug 21
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