The EUR/USD pair retreated from its one-year high on Friday as traders raced to purchase additional dollars.
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This week, the US dollar declined against a basket of currencies due to better-than-expected inflation data.
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TRX, the token of the layer 1 blockchain Tron, fell by 5% yesterday following the announcement that Binance US will shortly delist the token. The decision was made after Binance US began a review of its listings to ensure that all tokens it offers satisfy a "high standard of quality."
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Yesterday, Bitcoin surpassed the $30,000 threshold for the first time since June of last year. The $30k level had been a point of resistance for the world's largest cryptocurrency as the market struggled to recover from last year's decline, which was exacerbated by the November collapse of FTX.
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The U.S. dollar opened trading with a gain of more than 1 percent ahead of a busy week.
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As traders await the release of the US nonfarm payrolls, the forex market is experiencing tranquil trading.
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Fears of a recession have returned as investors dump risky stocks ahead of Friday's NFP report.
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