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USD/CAD extends recovery to near 1.3670 as US Dollar gains ground
The USD/CAD pair trades 0.25% higher to near 1.3670 at the start of the European trading session on Friday.
USD/CHF edges higher to above 0.7950 on modest US dollar strength
The USD/CHF pair trades on a positive note around 0.7965 during the early European session on Friday. Optimism surrounding US trade deals provides some support to the Greenback. However, the upside for the pair might be limited as markets might turn cautious ahead of crucial events next week.
USD/INR refreshes monthly high as consistent FIIs selling pushes Rupee on backfoot
The Indian Rupee (INR) extends its losing streak for the seventh trading day against the US Dollar (USD) on Friday. The USD/INR pair posts a fresh monthly high near 86.70 as the Indian Rupee continues to face selling pressure due to consistent outflow of foreign funds from domestic capital markets.
AUD/JPY Price Forecast: Remains below 97.00, support appears at nine-day EMA
AUD/JPY edges lower after two days of losses, trading around 96.90 during the Asian hours on Friday. The technical analysis of the daily chart shows that the currency cross remains within the ascending channel pattern, suggesting a prevailing bullish bias.
EUR/USD remains depressed below mid-1.1700s amid trade concerns, stronger USD
The EUR/USD pair ticks lower for the second consecutive day on Friday and moves away from a nearly three-week top touched the previous day. Spot prices, however, lack follow-through selling and currently trade around the 1.1740 region, down less than 0.10% for the day.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
GBP/USD softens to below 1.3500 ahead of UK Retail Sales release
The GBP/USD pair extends the decline to near 1.3490 during the Asian trading hours on Friday, pressured by renewed US Dollar (USD) demand. Traders prefer to wait on the sidelines ahead of US President Donald Trump's tariff deadline and the Federal Reserve (Fed) policy meeting next week.
Silver Price Forecast: XAG/USD remains subdued near $39.00 amid dampened safe-haven demand
Silver price (XAG/USD) remains subdued for the third consecutive day, trading around $39.00 per troy ounce during the Asian hours on Friday. The price for the Silver faces challenges amid easing trade tensions and rising risk appetite.
Gold price drifts lower amid a broadly stronger USD; remains close to weekly through
Gold price (XAU/USD) struggles to capitalize on the overnight bounce from the vicinity of mid-$3,300s and trades with a mild negative bias during the Asian session on Friday.
US President Donald Trump is shifting to dealmaking mode on China - WSJ
According to the Wall Street Journal (WSJ) on Friday, US President Donald Trump is now pursuing dealmaking with China.
EUR/JPY holds gains above 173.00 following Tokyo CPI data
EUR/JPY extends its winning streak for the seventh successive session, trading around 173.10 during the Asian hours on Friday. The currency cross appreciates as the Japanese Yen (JPY) faces challenges following the release of Tokyo Consumer Price Index (CPI) data.
Japanese Yen retreats further from two-week high against USD on softer Tokyo CPI
The Japanese Yen (JPY) drifts lower for the second straight day against its American counterpart and retreats further from a two-week high touched the previous day. Data released earlier this Friday showed that consumer inflation in Japan's capital city, Tokyo, slowed more than expected in July.
Australian Dollar continues to fall after retreating from eight-month highs
The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second consecutive day. The AUD/USD pair continues to lose ground after pulling back from an eight-month high of 0.6625, which was reached on Thursday.
US Dollar Index gains traction to above 97.50 amid mixed US economic data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory for the second consecutive day around 97.55 during the Asian trading hours on Friday.
PBOC sets USD/CNY reference rate at 7.1419 vs. 7.1385 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1419 as compared to the previous day's fix of 7.1385.
NZD/USD holds positive ground above 0.6000 amid trade optimism
The NZD/USD pair attracts some buyers to near 0.6035 during the early Asian trading hours on Friday. Optimism surrounding fresh US trade deals provides some support to the New Zealand Dollar (NZD) against the Greenback. Later on Friday, US Durable Goods Orders for June will be published.
WTI climbs to near $66.00 on trade optimism, US crude stock draw
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.95 during the early European trading hours on Friday.
Japan's Tokyo CPI inflation eases to 2.9% YoY in July
The headline Tokyo Consumer Price Index (CPI) for July rose 2.9% YoY as compared to 3.1% in the previous month, the Statistics Bureau of Japan showed on Friday.
EUR/USD falls towards 1.1750 as strong US data offsets ECB hold
The EUR/USD drops over 0.20% on Thursday after solid economic data from the United States (US) weighed on the shared currency, which benefited from the European Central Bank (ECB) holding rates unchanged. At the time of writing, the pair trades at 1.1749, having reached a daily high of 1.1789.
USD/CAD gathers strength to near 1.3650 as Canada's Retail Sales shrink
The USD/CAD pair edges higher to around 1.3645 during the early Asian session on Friday. Disappointing Canadian economic data weighs on the Canadian Dollar (CAD) against the Greenback. The US Durable Goods Orders for June will be released later on Friday.
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