Akedo (AKE), Pepe (PEPE) and Pearl (PEARL) lead the crypto market this week, rising 25%, 21% and 12%, respectively. The gains come as Bitcoin (BTC), Ethereum (ETH), and XRP head into the weekend under pressure from macro developments.
Commerzbank economists, led by Dr. Jörg Krämer and colleagues, expect the Fed and ECB to keep rates unchanged in October but deliver 25 bps hikes in December, with policy then staying slightly restrictive as inflation trends lower into 2027.
The EUR/USD pair attracts sellers for the second straight day in reaction to mostly disappointing Eurozone PMIs, trading near the lower end of the weekly range, around the 1.1200 mark during the first half of the European session on Friday.