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AUD/JPY Price Forecast: Keep bullish vibe above 96.50
The AUD/JPY cross trades with mild losses near 96.75 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) after US President Donald Trump signed an executive order on Thursday to lower Japanese auto import tariffs.
Nonfarm Payrolls set to rise by 75K in August amid US labor market concerns
The United States (US) Bureau of Labor Statistics (BLS) will release the critical Nonfarm Payrolls (NFP) data for August on Friday at 12:30 GMT.
EUR/JPY holds steady around 173.00, remains below one-month low ahead of Eurozone GDP
The EUR/JPY cross edges higher during the Asian session on Friday, though it lacks follow-through buying and remains below a one-month high touched earlier this week.
USD/CHF holds losses near 0.8050 amid rising Fed rate cut bets, US NFP eyed
USD/CHF retraces its recent gains from the previous session, trading around 0.8050 during the Asian hours on Friday.
USD/INR edges up at open ahead of US NFP data
The Indian Rupee (INR) ticks down at open against the US Dollar (USD) on Friday. Broadly, the USD/INR pair trades sideways above 88.00 after posting a fresh all-time high earlier this week.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD attracts some buyers to near $41.00 as US NFP data looms
The Silver price (XAG/USD) attracts some buyers near $40.85 during the Asian trading hours on Friday, bolstered by the weaker US Dollar (USD). The white metal receives support from the prospect of the US Federal Reserve (Fed) rate cut this year.
When are the UK Retail Sales and how could they affect GBP/USD?
The UK Retail Sales, scheduled to be published later this session at 0600 GMT, are expected to have registered a growth of 0.2% in July, compared to a 0.9% increase seen in the previous month.
Gold edges higher as Fed rate cut bets undermine USD ahead of NFP data
Gold (XAU/USD) edges higher during the Asian session on Friday and looks to build on the overnight bounce from the vicinity of the $3,500 psychological mark.
EUR/USD rises above 1.1650 ahead of Q2 Eurozone GDP data
EUR/USD trades around 1.1670 during the Asian hours on Friday, after recovering losses registered in the previous session. The pair appreciates as the Euro (EUR) gains ground ahead of the Eurozone Gross Domestic Product (GDP) for the second quarter.
USD/CAD falls to near 1.3800 ahead of US Nonfarm Payrolls
USD/CAD halts its four-day winning streak, trading around 1.3810 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) faces challenges, driven by softer-than-expected United States (US) job data.
WTI declines below $63.00 as weekly EIA crude inventories unexpectedly build
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.95 during the early Asian trading hours on Friday.
Japanese Yen rises on strong data, USD pressured by Fed rate cut bets ahead of US NFP
The Japanese Yen (JPY) strengthened against its American counterpart during the Asian session on Friday in response to upbeat domestic data, which showed that real wages turned positive for the first time in seven months.
Australian Dollar appreciates as US Dollar weakens on Fed rate cut bets
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Friday, retracing its recent losses registered in the previous session. The AUD/USD pair appreciates as the US Dollar struggles amid softer-than-expected United States (US) job data.
US Dollar Index softens to near 98.00 as Fed rate cut bets grow
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to around 98.15 during the Asian session on Friday. The US August employment report will be the highlight later on Friday.
PBOC sets USD/CNY reference rate at 7.1064 vs. 7.1052 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1064 compared to the previous day's fix of 7.1052 and 7.1052 Reuters estimate.
US President Donald Trump warned of 100% tariffs on foreign chip imports unless firms build in US
US President Donald Trump said that his administration would impose tariffs on semiconductor imports from firms not moving production to the United States, Reuters reported late Thursday.
US President Donald Trump prepares to start North American trade deal renegotiation -- WSJ
US President Donald Trump's administration is set to begin renegotiating the United States (US)-Mexico-Canada free trade deal, the Wall Street Journal reported on Thursday.
NZD/USD strengthens to near 0.5850 ahead of US NFP data
The NZD/USD pair attracts some buyers to around 0.5850 during the early Asian session on Friday. The softer-than-expected US job data continue to weigh on the US Dollar (USD). All eyes will be on the US Nonfarm Payrolls (NFP) report for August, which is due later on Friday.
Fed's Goolsbee: Labor market might be deteriorating
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that US labor market might be deteriorating, adding that there is a bit of wait-and-see because of uncertainty.
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