There is room for Euro (EUR) to rise further; it remains to be seen whether it can break clearly above 1.1720. In the longer run, upward momentum is building, but EUR must close above 1.1720 before a move toward 1.1760 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
The Pound Sterling (GBP) extends its winning streak against the US Dollar (USD) for the third trading day on Friday.
It’s another day of limited movement for the Canadian Dollar (CAD) with the US Dollar (USD) plying a familiar range in the low 1.40 region, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.