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For most of 2025, the greenback was in a downtrend, but BofA Securities has seen signs of a reversal. On Wednesday, the Dollar Index rose to 98.5 against major currencies. Still, it has fallen almost 10% so far this year.

According to Bloomberg, the Bank of England's strategy to ease monetary policy was thrown into disarray by a surprising surge in UK inflation in June, which reached its highest level since the beginning of 2024.

An increase of the indicator value may contribute to the rise in quotes of GBP.

Inflation in Canada picked up in June for the first time in four months, while underlying price pressures also intensified, prompting the country's central bank to hold off on cutting interest rates later this month, Bloomberg reported.

Canary Capital CEO Stephen McLurg predicts that XRP exchange-traded funds (ETFs) may outperform Ethereum and Solana ETFs in terms of returns. He cited XRP's unique legal status and reliable payment functionality as key advantages.

Concerns about unemployment and rising utility bills are prompting British people to save more. Meanwhile, the country's economic growth is being held back by savings rates, which remain much higher than before the pandemic.

Bitcoin slipped more than 3%, falling below the $118,000 level, after surpassing the $123,000 mark for the first time in history the day before. The sharp fall came amid profit taking by investors who had earlier entered the market anticipating progress in regulating the crypto industry in the US.

High inflation could push the Bank of Japan (BOJ) to raise borrowing costs as early as October if trade tariff concerns ease. This was stated by former BOJ chief economist Hideo Hayakawa in a Bloomberg interview.

An increase of the indicator value may contribute to the fall in quotes of Nickel, Platinum, Palladium, Copper.

The sharp rise in XRP earlier this week caught the attention of the global cryptocurrency market. According to data cited by CryptoFrontNews, South Korean traders played a significant role in this price surge.