The US Dollar remains trading within a tight range, with upside attempts limited at 0.7980, following a rejection from the 0.8000 psychological area on Thursday. Higher Jobless Claims and moderate consumer inflation figures cemented hopes of Fed cuts and undermined speculative demand for the USD.
The EUR/GBP cross trades on a positive note near 0.8650 during the early European session on Friday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
Asset manager BlackRock is seeking to bring exchange-traded funds (ETFs) that track stocks and other real-world assets (RWA) on-chain, Bloomberg reported on Thursday.