AED/PKR Exchange rate
Editors’ Picks
EUR/USD stays under pressure below 1.1600 after US data
EUR/USD extends its daily slide and trades deep in the red below 1.1600 in the American session on Thursday. The US Dollar (USD) benefits from the better-than-expected Jobless Claims and Retail Sales data, not allowing the pair to hold its ground.
GBP/USD struggles to hold above 1.3400 on renewed USD strength
GBP/USD fails to build on Wednesday's gains and trades in negative territory near 1.3400 on Thursday. Although Pound Sterling stays resilient on the back of UK employment report, the renewed USD strength following upbeat US data caps the pair's upside.
Gold extends daily slide after US data, trades below $3,320
Gold continues to pull away from the multi-week high it set above $3,370 and trades below $3,320 on Thursday. The US Dollar benefits from the upbeat weekly Initial Jobless Claims and June Retail Sales reading, forcing XAU/USD to stay on the back foot.
Top Crypto Gainers: FLOKI, BONK post double-digit gains, CRV targets $1
Solana-based meme coins Floki and Bonk edged lower by 2% at press time on Thursday, following the 30% gains on Wednesday, ranking as top crypto gainers in the last 24 hours. Curve DAO ranks third with a 21% surge following a triangle setup breakout, targeting the $1 psychological level.
China’s first-half growth remains on track, though activity data signals caution
China's second-quarter GDP beat forecasts again with a 5.2% year-on-year growth, driven by strong trade and industrial production. Yet sharper-than-expected slowdowns in fixed-asset investment and retail sales and falling property prices are a concern.