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NZD/USD Price Analysis: Bears take a breather, yet maintain a clear domination
In Friday's session, the NZD/USD took a slight break from its continual downward trajectory, mildly rebounding to 0.5890.
EUR/USD finds thin Friday gains but still trapped below 1.09
EUR/USD found a slim foothold on Friday, rising one-fifth of one percent at the bell but still ending the overall week in the red, adding into a two-week decline of around 1.12% top-to-bottom.
GBP/USD chalks in another down week despite late Sterling uptick
GBP/USD floundered on Friday, climbing a scant 0.13% on the day as the Pound Sterling gets weighed down by broad-market expectations of a rate cut from the Bank of England (BoE) next week.
AUD/JPY Price Analysis: Rebounds slightly, awaits continuation of correction
In Friday's session, the AUD/JPY pair showed a minor recovery, rising by 0.15% to end at 100.79.
USD/JPY Price Analysis: Bears overtake bulls as pair remains below 154.00
The USD/JPY dropped 0.14% on Friday as the pair recovered some ground after hitting a 14-week low of 151.93.
USD/CHF gains momentum as bears take a breather, pair inch towards 0.8830
In Friday's trading session, the USD/CHF managed to improve, closing up by 0.15% at around 0.8830 against the backdrop of fluctuating Personal Consumption Expenditures (PCE) numbers released by the United States.
Australian Dollar attempts to regain losses amidst ongoing concerns around the global economy
In Friday's session, the Australian Dollar (AUD) slightly recovered against the USD, as AUD/USD rebounded to 0.65515 due to corrective activities after intensive sell-offs in the previous sessions.
Mexican Peso eases losses amid Fed easing hopes
The Mexican Peso trimmed some losses against the US Dollar on Friday, yet it's set to end the week with over 2% losses.
Canadian Dollar soft on Friday as markets look elsewhere
The Canadian Dollar (CAD) found little support on Friday, easing back against most of its major currency peers as global markets focus on US inflation figures.
ECB's Schnabel: Services inflation is proving stickier than expected
Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn't necessarily guarantee follow-up cuts, and that inflation in the EU, particularly services inflation, is proving a tricky beast to slay.
US Dollar struggles with mixed PCE figures and rate cuts bets
On Friday, the US Dollar, as depicted by the DXY, displayed some resilience despite encountering daily losses post the release of mixed Personal Consumption Expenditures (PCE) data.
GBP/USD Price Analysis: Stays subdued at around 1.2850
The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United States (US) reinforced investors' bets that the US Federal Reserve could begin slashing rates at the September monetary policy meeting.
GBP/USD: Bulls strife to test the 1.2925 resistance - Scotibank
The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD: Looks well-supported on dips - Scotiabank
The Euro (EUR) is flat on the day and down only modestly on the week as it holds a neutral range trade around 1.0850, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD: To remain close to its recent lows - Scotiabank
The Canadian Dollar (CAD) is slightly firmer on the session and while it remains down (0.6%) on the week versus the US Dollar (USD), it remains a clearly better performer overall than its close commodity peers (AUD and NZD are both down nearly 2%), Scotiabank's Chief FX Strategist Shaun Osborne notes.
US Dollar Index edges lower to near 104.20 after mix US PCE Inflation release
The US Dollar Index (DXY) falls slightly to near 104.20 in Friday's New York session after the United States (US) Bureau of Economic Analysis (BEA) published the Personal Consumption Expenditure Price Index (PCE) report for June.
CNY: No turning point - Commerzbank
Yesterday morning, the CNY was able to take advantage of the JPY's strength against the US Dollar and also appreciated significantly against the greenback.
JPY: Lots of hope - Commerzbank
Those who still believed that the JPY's rally was due to idiosyncratic factors that only affect the Japanese currency were disabused of that notion by 2:30 p.m.
AUD/USD remains steady near 0.6550 after mix US PCE Inflation report
The AUD/USD pair remains steady above the immediate support of 0.6520 in Friday's New York session after the release of the mixed United States (US) Personal Consumption Expenditure Inflation (PCE) report for June.
EUR/JPY Price Analysis: Risk of recovery after deep sell-off
EUR/JPY is at risk of recovering after the steep sell-off of the last two weeks has stalled.
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