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NZD/USD Price Analysis: brief pullback questions 20-day SMA support
The NZD/USD pair lost ground on Friday, sliding 0.30% to settle near 0.5590.
USD/JPY rallies on technical bounce on Friday
USD/JPY rallied on Friday, gaining six-tenths of one percent and snapping a two-day losing streak as the Greenback finds broad-market support and bolsters the Dollar-Yen pairing from a fresh tap of the 50-day Exponential Moving Average (EMA).
Gold drops but remains poised for weekly gains ahead of Trump inauguration
Gold's price dropped late in the North American session, but it is set to finish the week with gains of over 0.40% as market players await the inauguration of US President-elect Donald Trump.
Australian Dollar falters below recent highs but keeps 0.6200 in sight
AUD/USD returns to negative territory near 0.6200 on Friday, failing to preserve the momentum sparked by China's stronger-than-expected economic indicators.
Canadian Dollar slumps back into multi-year lows
The Canadian Dollar (CAD) slumped back into familiar multi-year lows on Friday, sending USD/CAD back above the 1.4400 handle and keeping the Loonie at its lowest bids since the pandemic era.
Mexican Peso rebounds from yearly low on risk-appetite improvement
The Mexican Peso (MXN) stages a recovery after weakening to a new yearly low of 20.93 and appreciates against the Greenback due to an improvement in risk appetite following China's upbeat GDP figures.
US Dollar stabilizes near key levels ahead of Trump inauguration, data releases and Fed signals
The US Dollar consolidates further at current levels on Friday, with the US Dollar Index (DXY) holding around 109.00 and searching for direction.
Dow Jones Industrial Average rises 500 points as Treasuries pull back
The Dow Jones Industrial Average (DJIA) added over a full percentage point in value on Friday, climbing around 500 points and vaulting back over 43,500 as market expectations for further rate cuts increased.
EUR/USD Price Analysis: Renewed 20-day SMA rejection curbs bullish attempts
The EUR/USD pair struggled to maintain upward momentum on Friday, slipping by 0.20% to settle around the 1.0285 mark.
EUR/JPY Price Forecast: Rises sharply as bulls target 161.00
The EUR/JPY bottomed near 159.69 and rose past 160.50 on Friday after registering two consecutive days of losses as risk appetite deteriorated.
EUR holds around 1.03 - Scotiabank
The Euro (EUR) is little changed against the US Dollar (USD) on Friday, holding around the mid-point of Wednesday's wide range, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP underperforms after weak Retail Sales data - Scotiabank
The Pound Sterling (GBP) is down on the day and is all but unchanged over a week when most of its peers have managed to grind out a gain on the USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/GBP Price Forecast: Climbs above 200-day SMA shows bullish momentum
The Euro extended its gains versus the Pound Sterling on Friday, posting back-to-back bullish bars and climbing above the crucial 200-day Simple Moving Average (SMA) at 0.8425.
US gas storage falls by 258Bcf - ING
EIA weekly gas storage data shows that US gas storage fell by 258Bcf last week, which is the third largest weekly decline since early 2022, ING's commodity analysts Warren Patterson and Ewa Manthey note.
CAD drifts back to the 1.44 - Scotiabank
The Canadian Dollar (CAD) has drifted steadily lower since testing the 1.43 area mid-week. The USD is still trading slightly lower on the week, however, adding to last week's small net loss despite obvious risks to the CAD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Large US natural gas storage decline - ING
Oil prices traded weaker yesterday with ICE Brent falling back below US$82/bbl. From a technical point of view, the market is in overbought territory and so overdue a correction.
AUD/USD tumbles to near 0.6180 as US Dollar gains ground ahead of Trump's inauguration
The AUD/USD pair falls sharply to near 0.6180 in Friday's North American session.
USD steady to slightly firmer - Scotiabank
The US Dollar (USD) is trading steady to slightly firmer on the session but is heading for its first weekly drop since late November in DXY terms.
USD/SGD: On the lookout for MAS announcement of MPC date - OCBC
USD/SGD continued to trade modestly softer as USD strength eased while JPY, CNH and risk sentiments found support. USD/SGD was last seen at 1.3658, OCBC's FX analyst Christopher Wong notes.
USD/CAD jumps to near 1.4430 as investors turn cautious ahead of Trump's inauguration
The USD/CAD pair climbs to near 1.4430 in Friday's North American session.
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