EUR/USD stages a rebound on Friday as a pullback in the US Dollar (USD) helps the Euro (EUR) stabilize after recent losses. At the time of writing, the pair trades around 1.1470 after bouncing from a three-month low of 1.1417 touched earlier in the day.
USD/CAD holds ground for the seventh consecutive day, trading around 1.4140 during the European hours on Friday. The technical analysis of the daily chart indicates the pair is moving upwards within the ascending channel pattern, signaling a persistent bullish bias.
The AUD/USD pair loses momentum to near 0.7010 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD) after reports that US Vice President JD Vance canceled his trip to talks with Iran in Switzerland, raising concerns about the US-Iran peace deal.