XRP/USD Exchange rate

Is US unemployment lifting its ugly head? After last week's jobless claims shocked with 230,000, investors anxiously await the upcoming release. Markets would cheer soft data – up to a point. Live coverage. 

EUR/USD trades in a tight range below 1.0900 after registering impressive gains on Wednesday. The US Dollar stays resilient against its peers following the CPI-inspired selloff as investors await mid-tier data releases and comments from Fed officials.

Following Wednesday's upsurge, GBP/USD stretched higher and touched a fresh multi-week high at 1.2700 in the Asian session on Thursday. With the market focus shifting to US Jobless Claims data, the pair corrects lower in the European trading hours. 

Gold advanced toward $2,400 on Wednesday as US Treasury bond yields pushed lower following the April inflation data. The modest rebound seen in yields combined with the US Dollar's resilience, however, causes XAU/USD to retreat toward $2,380 ahead of US data.

Bitcoin (BTC) price is likely to rally back to $74,000 in the coming weeks, it's all-time high reached in March, riding on three bullish catalysts, according to crypto trading firm QCP Capital.