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NZD/USD Price Analysis: Pair extends gains and settled around 0.5705, momentum builds
The NZD/USD pair continued its upward trajectory on Friday, rising by 0.44% to settle at 0.5705 and mantains its footing above its 20-day Simple Moving Average (SMA).
AUD/USD extends winning streak as Trump's China deal hints weigh on USD
AUD/USD attracted buyers on Friday after President Trump suggested a trade agreement with China remains within reach, reinforcing a risk-on mood.
Canadian Dollar recovers limited ground on improving sentiment
The Canadian Dollar (CAD) gained around one-quarter of one percent against the Greenback on Friday, testing higher but still firmly entrenched in a consolidation pattern that kicked off in mid-December.
Mexican Peso rallies as US Dollar weakens, inflation eases toward Banxico's target
The Mexican Peso (MXN) surged in early trading during the North American session as mixed economic growth figures emerged in Mexico, though broad US Dollar (USD) weakness kept the Peso bid.
US Dollar slides amid mixed PMI data and softer tariff comments
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is experiencing sustained losses as it sinks below 107.50, its lowest level this week.
Dow Jones Industrial Average chills on Friday but heads for second weekly gain
The Dow Jones Industrial Average (DJIA) churned in the midrange on Friday, testing down between 50 and 100 points on a slow trading day.
EUR/USD Price Analysis: Pair climbs above 1.0485 as bullish momentum strengthens
The EUR/USD pair ended the week on a bullish note, climbing 0.66% to settle at 1.0485 on Friday.
US S&P Global Manufacturing PMI rises to 50.1 in January, Services PMI retreats to 52.8
The economic activity in the US' private sector continued to expand in January, albeit at a softer pace, with the S&P Global Composite PMI declining to 52.4 from 55.4 in December.
USD/JPY rebounds to near 156.50 as BoJ refrains from committing specific rate hike path
The USD/JPY recovers Bank of Japan's (BoJ) interest rate hike-inspired losses and rises to near 156.60 in Friday's North American session.
EUR/GBP Price Forecast: Retreats below 0.8450 toward 200-day SMA
The EUR/GBP failed to extend its gains for the second straight day, as stir resistance near 0.8473 was strong enough to be cleared by bulls.
USD/CAD Price Forecast: Declines to near 1.4320 as Trump endorses immediate rate cuts
The USD/CAD pair falls sharply to near 1.4320 in Friday's North American session.
GBP tests key resistance in low 1.24s - Scotiabank
The Pound Sterling (GBP) is tracking its major currency peers higher against the USD on the session--but is lagging the EUR somewhat, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR extends gains through low 1.04s - Scotiabank
The Euro (EUR) has managed to push a little more decisively through the low 1.04 area overnight, with the help of easing, for now, tariff concerns and firmer than forecast PMI data, reflecting solid, German Services data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
CAD: Tariff threat and spreads limit rebound potential - Scotiabank
The Canadian Dollar (CAD) is picking up a little support amid the broader decline in the USD into the end of the week but gains remain suitably measured, Scotiabank's Chief FX Strategist Shaun Osborne notes.
NZD seems to be in a recovery mode - Rabobank
The New Zealand Dollar (NZD) has been having a good run, Rabobank's FX analyst Jane Folley reports.
US Dollar on track to lose around 2% of value this week
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different major currencies, sinks below 107.50 at the time of writing on Friday after US President Donald Trump left surprised with comments the previous day casting doubts on the application of tariffs on China.
USD slips on easing tariff concerns - Scotiabank
President Trump's comments to the Davos WEF yesterday contained much of the same as his recent pronouncements--tax cuts, lower oil prices and a demand that interest rates drop 'immediately'.
EUR/JPY surges to near 153.50 as Eurozone PMI returns back in black
The EUR/JPY pair rises sharply to near 153.50 in Friday's European session.
DXY and EUR/USD are pretty stuck in ranges - Societe Generale
Today's BoJ rate hike is a step on the road to normalization, consistent with a less oversold Japanese Yen (JPY). The Dollar Index (DXY) seeing its biggest two-week since August, is consistent with the recent phase of dollar strength losing momentum.
Gold extends rally as Trump casts doubts on China's tariffs
Gold's price (XAU/USD) pops higher and trades at $2,774 at the time of writing on Friday after US President Donald Trump surprised with comments the previous day casting doubts on the application of tariffs on China.
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