NEWS | 08/28/2025 14:00:01 GMT
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By FXStreet Team
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Editors’ Picks
EUR/USD remains bid and near 1.1700
EUR/USD maintains its bullish bias as the NA session draws to a close on Thursday, coming close to the key barrier at 1.1700 the figure. The pair navigates three-day highs amid persistent weakness around the Greenback, as investors get ready for Friday’s US PCE readings.
GBP/USD recedes from tops, back near 1.3500
GBP/USD now surrenders part of its earlier gains toward weekly highs around 1.3530. The widespread selling pressure surrounding the US Dollar provides support to the risk-related market, enabling the British pound to sustain its weekly recovery for an additional day.
Gold edges higher, challenges $3,420
Gold’s upside impulse now picks up pace on Thursday, lifting the yellow metal to new five-week highs around the $3,420 mark per troy ounce. Indeed, the precious metal gathers extra steam bolstered by intense weakness in the Greenback, mixed US yields, and incresaing bets of a rate cut by the Fed in September.
DOGE and SHIB rebound as bullish sentiment creeps back in
Dogecoin (DOGE) and Shiba Inu (SHIB) prices are showing signs of resilience after a recent pullback, with both meme coins rebounding from key support levels. DOGE trades above $0.223 while SHIB steadies above $0.000011 at the time of writing on Thursday.
AI boom or bubble? Three convictions for investors
AI 2.0 = from “build it” to “prove it”: Big Tech’s AI investment is already in the hundreds of billions, but monetization remains modest. The cycle is shifting from spending on capacity to delivering productivity and revenue impact.
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