EUR/USD edges lower on Friday, late in the North American session, as the Greenback recovers after bouncing off three-year lows reached in the aftermath of the Federal Reserve’s (Fed) interest rate cut.
The USD/JPY pair claws back its early losses and recovers to near 148.00 during the European trading session on Friday. The pair bounces back as the US Dollar (US) extends its winning streak for the third trading session.
The Canadian Dollar (CAD) is trading flat against the US Dollar (USD), having recovered its Asian session losses through the start of early European trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.