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USD/CNH: Likely to trade in a narrower range of 7.2500/7.3300 - UOB Group
Outlook remains mixed, but US Dollar (USD) is likely to trade in a narrower range of 7.2500/7.3300. In the longer run, momentum indicators remain neutral; USD is likely to trade in a range of 7.2700/7.3000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
US Dollar flat ahead of US NFP data
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, trades at 107.65 at the time of writing on Friday, slightly lower in the runup to the US Nonfarm Payrolls (NFP) report for January.
USD/JPY: Oversold conditions suggest any decline may not reach 150.60 - UOB Group
Further weakness US Dollar (USD) is not ruled out; deeply oversold conditions suggest any decline may not reach 150.60. In the longer run, USD outlook remains negative; the level to monitor is 150.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD: To rise gradually to 0.5725 - UOB Group
Chance for New Zealand Dollar (NZD) to edge higher; any advance is unlikely to break above 0.5705. In the longer run, there has been a tentative buildup in momentum; NZD could rise gradually to 0.5725, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD continues to face pressure near 0.6300, US NFP in focus
The AUD/USD pair ticks higher in Friday's European session but continues to face pressure near 0.6300.
BoE to keep rates on hold for longer until inflation dissipates - BBH
The Pound Sterling (GBP) is trading on the defensive against most major currencies and UK 10-year government bonds are underperforming global peers.
AUD/USD: Sustained break above 0.6310 is unlikely - UOB Group
AUD is facing mild upward pressure; it could test 0.6310, but a sustained break above this level is unlikely. If AUD closes above 0.6310, it could trigger an advance to 0.6355, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CAD to trend higher on the current situation - BBH
USD/CAD is stabilizing around key technical support at 1.4300, BBH FX analysts note.
CZK: Hawkish cut but with more on the table - ING
Yesterday's Czech National Bank meeting brought several surprises. Ahead of the meeting, data showed that inflation slowed less than expected, dropping to 2.8% year-on-year from 3.0% in December, mainly due to food prices, ING's FX analysts Frantisek Taborsky notes.
DXY: Risk of a deeper pullback towards 106.45 - ING
The Dollar Index (DXY) uptrend stalled near 110.15 last month, BBH FX analysts note.
Silver Price Forecast: XAG/USD jumps to near $32.40 ahead of US NFP
Silver price (XAG/USD) climbs to near $32.40 in European trading hours on Friday.
CAD: The employment slowdown in is expected to be meaningful - ING
Canada also releases January jobs numbers today, ING's FX analysts Francesco Pesole notes.
USD: Annual revisions may be big - ING
The US Dollar's (USD) bearish momentum has eased into today's US jobs release. Most of the tariff shock from last weekend has been absorbed, and markets are also probably reconsidering the optimism on a US-China deal.
GBP/USD: Likely to trade in a 1.2310/1.2550 range - UOB Group
Outlook is mixed; GBP could trade between 1.2390 and 1.2500. In the longer run, for the time being, GBP is likely to trade in a 1.2310/1.2550 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR: A hawkish r-star? - ING
The European Central Bank will publish its staff revision on the neutral rate today, ING's FX analysts Francesco Pesole notes.
Gold edges higher ahead of US NFP report
Gold's price (XAU/USD) edges higher and trades back up near $2,865 at the time of writing on Friday after its rather sluggish performance the previous day.
EUR/USD wobbles ahead of US NFP report
EUR/USD steadies in a tight range around 1.0400 in Friday's European session as the US Dollar (USD) trades cautiously ahead of the United States (US) Nonfarm Payrolls (NFP) data for January, which will be published at 13:30 GMT.
EUR/USD: Price movements are likely part of a range trading phase - UOB Group
Current price movements are likely part of a range trading phase, probably between 1.0355 and 1.0415. In the longer run, outlook is unclear; EUR could trade in a broad range of 1.0250/1.0490 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CAD consolidates in a range around 1.4300 ahead of US/Canadian jobs data
The USD/CAD pair extends its sideways consolidative price move for the third straight day and remains confined in a narrow trading band around the 1.4300 mark through the first half of the European session on Friday.
NZD/USD holds ground near 0.5700 ahead of US NFP
NZD/USD remains steady after registering losses in the previous session, trading around 0.5680 during the European hours on Friday.
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