The British Pound holds steady against the US Dollar on Friday, yet it’s poised to end the week with weekly losses of nearly 0.90%, trading at around 1.3230, up nearly 0.05% after the recent US producer inflation report reached its highest level since 2022.
Societe Generale’s Kenneth Broux and colleagues note USD/JPY has broken out of a recent consolidation, reclaiming its 200‑day moving average and trading above 160 for a second day. The pair faces key resistance around 160.40/160.70 and 162.20, with support near 158.70.
Bitcoin (BTC) is attracting some serious sellers, pushing it below $70,000 on Friday after an over 3% decline the previous day. The Crypto King is down over 5% so far this week, and a bearish close could mark its sixth consecutive week of losses.