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USD/JPY: Political risks are still present - OCBC
USD/JPY was a touch softer amid pullback in UST yields while Japan wages continue to rise (4.1% y/y vs. 3% expected). The rise in wages remain consistent with Governor Ueda's comments and this keeps hopes for policy normalisation alive.
CAD: Jobs data in focus today - ING
Canada releases August jobs data at the same time as the US today, ING's FX analyst Francesco Pesole notes.
EUR/USD: French vote on Monday - OCBC
Euro (EUR) remains largely supported amid the mild pullback in US Dollar (USD). Pair was last at 1.1687, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Monday's vote in France shouldn't rock the euro - ING
Bloomberg's latest poll of European Central Bank forecasters shows expectations have turned markedly more hawkish, ING's FX analyst Francesco Pesole notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
USD/CAD trades with modest losses below 1.3800 ahead of US/Canadian jobs report
The USD/CAD pair extends the previous day's late pullback from the vicinity of mid-1.3800s, or an over one-week high, and attracts some follow through sellers on Friday.
AUD/USD nears weekly highs at 0.6560, with the US Dollar pulling back
The Australian Dollar is accelerating its recovery against a weaker US Dollar on Friday, with all eyes on the US Nonfarm Payrolls report, due later on the day.
USD/CHF extends its reversal below 0.8040 with US jobs data on focus
The US Dollar is on its back foot amid a brighter market mood on Friday, with investors bracing for a soft US Nonfarm Payrolls report later today to confirm market expectations of a Fed rate cut in September.
NZD/USD Price Forecast: Kiwi Dollar outperforms ahead of US NFP data
The NZD/USD pair trades 0.45% higher around 0.5870 during the European trading hours on Friday. The Kiwi pair strengthens as the New Zealand Dollar (NZD) outperforms its peers amid risk-on market mood.
EUR/USD picks up amid a brighter sentiment ahead of the US NFP release
The EUR/USD pair is trading moderately higher on Friday, currently at 1.1677, but still on track for its second consecutive negative week.
Silver Price Forecast: XAG/USD rebounds toward $41.00 amid prevailing bullish bias
Silver price (XAG/USD) recovers ground after registering more than 1% losses in the previous session, trading around $40.80 per troy ounce during the European hours on Friday.
Pound Sterling gains as UK monthly Retail Sales beat estimates
The Pound Sterling (GBP) attracts bids against its peers on Friday after the release of the upbeat United Kingdom (UK) Retail Sales data for July.
GBP/JPY pulls back below 199.50 despite bright UK consumption figures
The British Pound has pulled back from intra-day highs around 199.70 against the Japanese Yen, returning to levels right below 199.50despite the stronger-than-expected UK Retail Sales figures released earlier on the day.Retail Consumption rose at a 0.6% pace in the UK in August, according to data re
Forex Today: US Dollar remains within weekly range ahead of employment data
Here is what you need to know on Friday, September 5:
WTI Price Forecast: Bearish bias remains intact under 100-day EMA near $63.00
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.00 during the early European trading hours on Wednesday. The WTI drifts lower as crude inventories unexpectedly rose last week, indicating weaker demand.
US Dollar Index treads water above 98.00 ahead of Nonfarm Payrolls
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is trading around 98.10 during the early European hours on Friday after recovering recent gains from the previous session.
EUR/GBP faces headwinds near 0.8650 following UK Retail Sales, Eurozone GDP eyed
EUR/GBP continues its losing streak for the third successive session, trading around 0.8670 during the Asian hours on Friday. The currency cross faces some headwinds after the release of mixed Retail Sales data from the United Kingdom (UK).
Crude Oil price today: WTI price neutral at European opening
West Texas Intermediate (WTI) Oil price is neutral on Friday, early in the European session. WTI trades at $63.06 per barrel, not far from its Thursday close at $63.06.Brent Oil Exchange Rate (Brent crude), however, advances from its previous close at $66.70 to trade at $66.71.
USD/CAD Price Forecast: Tests confluence support zone around 1.3800, nine-day EMA
USD/CAD trades around 1.3810 during the Asian hours on Friday, halting its four-day winning streak. The technical analysis of the daily chart suggests that the pair moves sideways within an ascending channel pattern, indicating that market sentiment is bullish.
EUR/CAD edges higher above 1.6100 ahead of Canadian employment data
The EUR/CAD pair extends its winning streak for the third trading day on Friday, and trades marginally higher to near 1.6115 during the late Asian trading session. The pair ticks up ahead of the Canadian labor market data for August, which will be published at 12:30 GMT.
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