EUR/USD remains strongly bid near weekly highs above 1.0750 amid notable US dollar supply and risk-on flows. Shrinking Fed vs. ECB divergence appears the key catalyst to recall bulls, US PCE inflation eyed.
The GBP/USD pair is sensing a mild selling pressure near 1.2660 after a vertical upside move in the Asian session. The cable has remained in the grip of bulls after hitting the monthly lows at 1.2155. A two-day winning streak has been continued by the pound bulls on Friday after overstepping Thursday’s high at 1.2621.
Gold Price (XAU/USD) marks another bounce off the 200-DMA as bulls flirt with the $1,855 during Friday’s Asian session. In doing so, the bullion prices print the first daily gains in three while bracing for the key upside hurdle.
Solana price shows an interesting divergence on the high time frame chart that could kick-start a much needed swing rally. Therefore, investors need to pay close attention to SOL, which could allow patient buyers to capitalize on this opportunity.