USD/CAD steadies for the second successive session, hovering around 1.3700 during the Asian hours on Friday. The pair remains subdued as the commodity-linked Canadian Dollar (CAD) draws support from higher Oil prices, offsetting the stronger US Dollar (USD).

The AUD/USD pair meets with a fresh supply during the Asian session on Friday and remains well within striking distance of a nearly two-week low, touched the previous day.

The NZD/USD pair attracts some sellers to around 0.5960 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following a dovish hold by the Reserve Bank of New Zealand (RBNZ).

Silver (XAG/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow range during the Asian session on Friday.

West Texas Intermediate (WTI) Oil price eases after two consecutive sessions of gains, trading near $66.40 per barrel during Asian hours on Friday.

Ethereum (ETH) network growth has stalled over the past week, halting an explosive rise over the past two months.

The EUR/USD pair trades on a flat note near 1.1770 during the early Asian session on Friday. The potential upside for the Euro (EUR) seems limited amid European Central Bank (ECB) leadership speculation swirls. 

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Thursday that the path to 2% inflation has been bumpy, but we expect inflation to already be back in our target range in the first quarter of this year.

Japan Jibun Bank Services PMI climbed from previous 53.7 to 53.8 in February

Japan Jibun Bank Manufacturing PMI: 52.8 (February) vs 51.5

US President Donald Trump said that Iran must make a deal, or “bad things will happen," with the threat of military strikes still hanging heavy over delicate nuclear negotiations, BBC reported on Thursday.

Gold price (XAU/USD) holds positive ground near $5,000 during the early Asian session on Friday. The precious metal edges higher as escalating tensions between the United States (US) and Iran boost safe-haven demand.

Wednesday's Federal Open Market Committee (FOMC) minutes from the January meeting revealed a deeply divided committee, with the 10-2 vote to hold at 3.50% to 3.75% accompanied by language describing disinflation as potentially "slower and more uneven" than expected.

Japan National CPI ex Food, Energy (YoY) fell from previous 2.9% to 2.6% in January

Japan’s National Consumer Price Index (CPI) rose by 1.5% YoY in January, compared to the previous reading of 2.1%, according to the latest data released by the Japan Statistics Bureau on Friday.

Japan National Consumer Price Index (YoY) fell from previous 2.1% to 1.5% in January

Japan National CPI ex Fresh Food (YoY) meets forecasts (2%) in January

The Bank of England (BoE) held rates at 3.75% at its February meeting in a tight 5-4 vote, with four members pushing for a 25 basis point cut.

The RBNZ held the OCR at 2.25% as expected on Wednesday, but Governor Breman's updated rate track triggered a sharp Kiwi sell-off after projecting the first potential hike in late 2026, much later than markets had anticipated.

The RBA's February rate hike to 3.85%, the first in over two years, continues to underpin the Australian Dollar after this week's minutes flagged elevated inflation risks and left the door open for further tightening.

The Bank of England (BoE) held rates at 3.75% at its February meeting in a tight 5-4 vote, with four members pushing for a cut.

San Francisco Federal Reserve President Mary Daly said on Thursday that the monetary policy is in a good place.

The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 3.85% earlier this month, the first hike in over two years, citing a material pickup in inflation through the second half of 2025.

The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 51.5 in February versus 52.3 prior, the latest data published by S&P Global showed on Friday.

New Zealand Trade Balance NZD (MoM) above forecasts ($-745M) in January: Actual ($-519M)

New Zealand Trade Balance NZD (YoY) down to $-2.3B in January from previous $-2.2B

Australia S&P Global Manufacturing PMI fell from previous 52.3 to 51.5 in February