Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but at a slightly slower pace than market forecasts.
The Euro (EUR) steadies against the Swiss Franc (CHF) on Friday as upbeat Eurozone business activity data underpins the single currency. At the time of writing, EUR/CHF trades around 0.9243, rebounding modestly after hitting an 11-month low near 0.9205 earlier this week.
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $61.33 per barrel, down from Thursday’s close at $61.60.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.04 after its previous daily close at $65.29.