HKD/EUR Exchange rate
Editors’ Picks
GBP/USD declines below 1.3400 after mixed UK employment data
GBP/USD struggles to build on Wednesday's gains and trades in negative territory below 1.3400 early Thursday. The data from the UK showed that the ILO Unemployment Rate rose to 4.7% in the three months to May, while the Claimant Count Rate remained steady at 5%.
EUR/USD falls below 1.1600 ahead of Eurozone HICP data
EUR/USD comes under renewed selling pressure in the European session and trades below 1.1600. Revisions to Eurozone HICP data will be featured in the economic calendar ahead of the US weekly Initial Jobless Claims and Retail Sales data for June.
Gold price retreats further from multi-week high touched on Wednesday
Gold price attracts fresh sellers amid renewed USD buying and reduced Fed rate cut bets. A generally positive risk tone is seen as another factor undermining the precious metal. Persistent trade-related uncertainties could limit losses for the safe-haven commodity.
Top Crypto Gainers: Solana-based meme coins 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.