Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $89.64 per troy ounce, up 0.90% from the $88.84 it cost on Thursday.
Commerzbank's senior economists Bernd Weidensteiner and Dr. Christoph Balz discuss designated Federal Reserve chair Kevin Warsh’s plan to justify significant interest rate cuts by citing artificial intelligence as a new deflationary force.
Nordea’s Jan von Gerich notes that EUR/USD has traded largely sideways as markets digest the US Supreme Court ruling on tariffs and subsequent replacement levies.
Rabobank’s Stefan Koopman highlights growing political risks in the United Kingdom after the Gorton and Denton by-election, where Labour lost heavily to the Green Party and Reform UK.
The Indian Rupee (INR) trades broadly weak against the US Dollar (USD) during afternoon trading hours in India on Friday. The USD/INR pair holds onto gains near 91.20 as the Indian stock market struggles to attract foreign investment.