GBP/JPY jumps to the highest level since 2016, around 174.80 region – by hareshmenghani GBPJPY BOE Inflation RiskAppetite Currencies
AUD/USD is holding lower ground near 0.6700, having retreated from monthly highs. The Aussie pair keeps its corrective decline intact after China's CPI and PPI data came in softer than expected. The US Dollar has paused its decline, weighing further on the pair. EUR/USD bulls are in the driver’s seat while bracing for the next week’s European Central Bank monetary policy meeting, ignoring the downbeat economic concerns for the old continent, amid broad US Dollar weakness.
XAU/USD buyers cheer US Dollar Index’s second consecutive weekly loss ahead of next week’s FOMC.Lido DAO price is following the rest of the market due to the regulatory events that transpired in the last few days. However, the DeFi token is generally unlikely to pursue the path set by any other cryptocurrencies, including the likes of Bitcoin. This might play in favor of LDO.
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