AED/GBP Exchange rate
Editors’ Picks

Bitcoin sits at new record highs above $122,000
Bitcoin breaks above the key milestone level on Monday, setting a new all-time high above $122,000, with no signs of slowing. The technical outlook supports further gains as momentum indicators remain robust and price action firmly in price discovery mode, with the next potential target above $130,000.

EUR/USD keeps the red below 1.1700 amid US-EU trade tensions
EUR/USD remains in the red below 1.1700 in the European session on Monday. The Euro underperforms against the US Dollar, in the wake of rising risks of a US-EU trade war, especially after US President Trump threatened 30% tariffs on the EU from August 1. EU says its ready with retaliatory tariffs.

Gold price flirts with multi-week top as safe-haven buying offsets modest USD strength
Gold price trades with a positive bias for the fourth straight day and hovers near a three-week high during the European session on Monday. Traders might refrain from placing aggressive directional bets and opt to wait for US inflation figures. Meanwhile, trade war fears continue underpinning the bright metal.

GBP/USD holds losses below 1.3500; vulnerable near multi-week low
GBP/USD enters a bearish consolidation phase in European trading on Monday, holding losses below the 1.3500 mark. Looming trade concerns dent risk sentiment and boost the haven dmeand for the US Dollar at the expense of the higher-yieding Pound Sterling.

Five fundamentals for the week: Investors eye tariff circus and US inflation data Premium
Which country will be the next to receive a letter from America? US President Donald Trump has been extending his tariff threats through the weekend. Has the US economy felt the consequences of levies already imposed? These are the topics for another hot summer month.