The USD/JPY pair recovers its early losses and rebounds to near 150.20 during the late European trading session on Friday. The pair bounces back as the US Dollar (USD) licks its wounds despite uncertainty over trade relations between the United States (US) and China remaining intact.
USD/CAD weakens on Friday, hovering around 1.4040 at the time of writing, extending its sideways consolidation since October 15. The US Dollar (USD) remains under pressure, hit by the ongoing US government shutdown and persistent trade frictions between the United States (US) and China.
US Natural Gas prices slid to the lowest in three weeks this morning, with NYMEX Henry Hub futures falling to the intraday lows of $2.9/MMBtu, ING's commodity experts Ewa Manthey and Warren Patterson note.