The EUR/CAD pair snaps its four-day losing streak and trades 0.13% higher to near 1.6240 during the European trading session on Friday. The cross gains as the Euro (EUR) outperforms its peers after remaining under pressure this week.

The Pound dives below 203.00 after rejection at the 205.00 area.

Silver price (XAG/USD) jumps to near $49.95 during the early European session on Friday. The white metal attracts some buyers amid the ongoing US government shutdown, uncertainty and the prospect of a US interest rate cut. 

NZD/USD remains weaker for the fourth successive session, trading around 0.5750 during the Asian hours on Friday. The pair holds losses following September’s Business NZ Performance of Manufacturing Index (PMI), which held steady at 49.9, remaining in contraction.

The AUD/JPY cross holds steady near 100.35 during the early European session on Friday.

The USD/CHF pair clings to gains in Friday’s late Asian session near a fresh monthly high around 0.8070 posted on Thursday.

EUR/GBP extends its gains for the second successive day, trading around 0.8700 during the Asian hours on Friday.

The Indian Rupee (INR) opens in its two-week-long usual range of against the US Dollar (USD) on Friday. The USD/INR pair continues to wobble near its all-time low border as the Reserve Bank of India (RBI) keeps supporting the Indian Rupee from further depreciation against the US Dollar.

The GBP/JPY cross attracts some follow-through selling for the second consecutive day on Friday and retreats further from its highest level since July 2024, around the 205.30 region touched earlier this week.

EUR/JPY remains subdued for the second successive day, following a retreat after reaching an all-time high of 177.94 in the previous session, trading around 176.90 during the Asian hours on Friday.

USD/CAD moves little after reaching a six-month high of 1.4033 in the previous session, trading around 1.4020 during the Asian hours on Friday. The pair gained around 0.5% on Thursday as the commodity-linked Canadian Dollar (CAD) faced challenges amid lower crude Oil prices.

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1048 compared to the previous day's fix of 7.1102 and 7.1329 Reuters estimate.

GBP/USD accelerated into the bearish side on Thursday, falling nearly eight-tenths of one percent and sending Cable bids into the 1.3300 handle for the first time since early August.

The USD/JPY pair extends the rally to around 153.05 during the early Asian session on Friday, bolstered by a firmer US dollar (USD). The Greenback edges higher to its highest since February against the Japanese Yen (JPY) amid the lack of progress around the US government shutdown.

The EUR/USD tumbles below the 1.1600 figure, losing over 0.50% as the US Dollar extended its weekly rally, posting gains of more than 1.70% against a basket of six currencies, the DXY, sponsored by a risk-off mood.

The Canadian Dollar (CAD) shed weight at an accelerating pace on Thursday, falling over one-half of one percent against the US Dollar (USD) amid a broad-market uptick in Greenback demand.

emphasized that Japan “must achieve demand-led inflation,” but noted

The US Dollar (USD) maintained its constructive tone on Thursday, advancing to two-month highs amid the lack of progress around the US government shutdown and always underpinned by the generalised risk-off sentiment in the FX universe.

The Australian Dollar (AUD) weakens on Thursday, trading at 0.6550 against the US Dollar (USD), down 0.50% at the time of writing. The Aussie gives up its early gains as the Greenback recovers, supported by a rebound in the US Dollar Index (DXY), which hovers near a two-month high around 99.50.

Banco de Mexico (Banxico) revealed its minutes of the September 25 meeting, in which the central bank reduced interest rates by 25 basis points to 7.50%, reaching the lowest level since May 2022.

The Canadian Dollar (CAD) extends its decline against the US Dollar (USD) on Thursday, with USD/CAD climbing above the 1.4000 psychological mark to reach its highest level since April 10.

The GBP/USD tumbles during the North American session as the Greenback reaches a 9-week high as depicted to the US Dollar Index (DXY), hitting 99.39 as hedge funds increase bets on Dollar gains towards the year end, according to a Bloomberg article. The pair trades at 1.3325, down 0.57%.

The Euro (EUR) remains under broad selling pressure against the US Dollar (USD) on Thursday, extending losses below the 1.1600 mark as the abrupt resignation of French Prime Minister Sébastien Lecornu sparks caution among investors and dampens appetite for the common currency.

EUR/JPY trades at 177.32 on Thursday, down 0.10% on the day at the time of writing, after reaching a record high of 177.94 earlier in the day. The pair consolidates its recent gains after four bullish days.

The Euro (EUR) edges higher against the Swiss Franc (CHF) on Thursday, erasing earlier losses after a volatile start to the day.

The GBP/JPY pair edges lower on Thursday, trading around 204.40, down about 0.1% on the day. After four consecutive days of gains, the British Pound (GBP) takes a breather against the Japanese Yen (JPY).

The Euro (EUR) is trading defensively with a marginal 0.1% decline against the US Dollar (USD), softening back toward Wednesday’s lows around 1.16, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

Brazil IPCA Inflation came in at 0.48% below forecasts (0.52%) in September

The Canadian Dollar (CAD) is trading flat against the US Dollar (USD) and extending its recent consolidation around a cluster of key technical levels, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

There is a chance for US Dollar (USD) to test 153.00 again before a more sustained and sizeable pullback can be expected. In the longer run, further USD strength is likely; the level to watch is 153.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.