The US Dollar trims losses on Friday with investors wary of risk following another sell-off on Wall Street, as concerns of an AI bubble remain alive.
Dow Jones futures advance 0.20% to trade above 47,100 during European hours ahead of the opening of the United States (US) regular session on Friday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.25% and 0.33%, with trading around 6,760 and 25,300, respectively.
Ripple (XRP) is retreating to around $2.30 at the time of writing on Thursday, largely weighed down by bearish sentiment in the broader cryptocurrency market. Suppressed retail demand, declining on-chain and early profit-taking are among the factors hindering a steady recovery.