The NZD/USD pair lost ground on Friday, sliding 0.30% to settle near 0.5590.
USD/JPY rallied on Friday, gaining six-tenths of one percent and snapping a two-day losing streak as the Greenback finds broad-market support and bolsters the Dollar-Yen pairing from a fresh tap of the 50-day Exponential Moving Average (EMA).
AUD/USD returns to negative territory near 0.6200 on Friday, failing to preserve the momentum sparked by China’s stronger-than-expected economic indicators.
The Canadian Dollar (CAD) slumped back into familiar multi-year lows on Friday, sending USD/CAD back above the 1.4400 handle and keeping the Loonie at its lowest bids since the pandemic era.
The Mexican Peso (MXN) stages a recovery after weakening to a new yearly low of 20.93 and appreciates against the Greenback due to an improvement in risk appetite following China’s upbeat GDP figures.
The EUR/USD pair struggled to maintain upward momentum on Friday, slipping by 0.20% to settle around the 1.0285 mark.
The EUR/JPY bottomed near 159.69 and rose past 160.50 on Friday after registering two consecutive days of losses as risk appetite deteriorated.
The Euro extended its gains versus the Pound Sterling on Friday, posting back-to-back bullish bars and climbing above the crucial 200-day Simple Moving Average (SMA) at 0.8425.
The AUD/USD pair falls sharply to near 0.6180 in Friday’s North American session.
The USD/CAD pair climbs to near 1.4430 in Friday’s North American session.
The USD/JPY pair discovers buying interest after posting a fresh four-week low of 156.00 in Friday’s European session.
The USD/CHF pair edges lower to near the round-level support of 0.9100 in Friday’s European session.
EUR/USD trades with caution in a narrow range near the key level of 1.0300 in Friday’s European session.
NZD/USD extends its losses for the second successive day, trading around 0.5590 during the European hours on Friday.
The EUR/GBP cross extends its upside to around 0.8450 on Friday during the early European trading hours.
GBP/JPY extends its losses for the third successive day, trading around 189.60 during the early European hours on Friday.
The USD/CAD pair gains traction to near 1.4405 during the early European session on Friday.
The EUR/USD pair weakens to near 1.0290 during the early European session on Friday.
USD/CHF remains steady following three days of losses, hovering near 0.9110 during the Asian trading hours on Friday.
The EUR/JPY cross recovers a few pips from a nearly one-month low touched during the Asian session on Friday and currently trades around the 160.00 psychological mark.
The AUD/JPY cross recovers slightly from a nearly one-month low, around the 96.26 region touched during the Asian session on Friday and for now, seems to have snapped a two-day losing streak.
The Indian Rupee (INR) steadies on Friday. The likely intervention from the Reserve Bank of India (RBI) to sell the US Dollar (USD) via state-run banks helps contain excess losses.
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1889 as compared to the previous day's fix of 7.1881 and 7.3275 Reuters estimates.
The USD/CAD pair trades with mild losses around 1.4395 during the early Asian session on Friday, pressured by the weakening of the US Dollar (USD) and a decline in US yields across the curve.
GBP/JPY pivoted back into the low end on Tuesday, extending into a second day of losses after UK economic growth and activity figures pummeled the Pound Sterling, and GBP traders will be shuffling their feet ahead of Friday’s UK Retail Sales figures for December.
The NZD/JPY cross found itself under renewed pressure on Thursday, sliding 0.84% to around 87.05.