The Canadian Dollar (CAD) backslid on Friday, falling back on a combination of weakening Canadian Gross Domestic Product (GDP) growth metrics and fresh trade tensions with US President Donald Trump.
Aave (AAVE) price is trading higher above $260 at the time of writing on Friday, following an over 10% rally so far this week. Three reasons why AAVE could extend its gains ahead are that its on-chain data shows that active loans and revenues have reached record levels.
The NZD/USD pair gains ground for the fourth consecutive day near 0.6065 during the early Asian session on Friday. The uptick of the pair is bolstered by a weakening Greenback amid renewed concerns over the US Federal Reserve’s (Fed) independence.