The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, with AUD/USD extending losses for a fourth straight day as the Greenback remains broadly supported amid ongoing geopolitical tensions in the Middle East.

NZD/USD falls for the fourth consecutive day and trades around 0.5750 on Friday, down 0.17% on the day at the time of writing, pressured by renewed risk aversion and the resilience of the US Dollar (USD).

Standard Chartered’s Dan Pan and Erwin He note that Banxico’s surprise 25 bps cut and guidance for another easing step have increased downside risks for the Mexican Peso (MXN). They highlight crowded MXN long positioning and a narrower carry advantage versus other EM high-yielders.

The British Pound holds firm during the North American session, clings above the 1.3300 figure, yet seems poised to finish the week with 0.20% losses against the US Dollar.

EUR/USD edges higher on Friday after early weakness, as the US Dollar (USD) pulls back from intraday highs, offering some support to the Euro (EUR). At the time of writing, the pair trades around 1.1545, recovering from a daily low at 1.1501.

Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD has slipped slightly below yesterday’s low as Dollar strength persists. ECB data show moderating inflation expectations, while President Lagarde signaled caution on rate moves given energy-price risks.

ING’s Chris Turner notes that Banxico’s 25 bp rate cut to 6.75% came with largely unchanged inflation forecasts and a projection of a return to target in early 2027.

GBP/JPY trades flat on Friday after slipping earlier in the European session, as the Japanese Yen (JPY) strengthened amid rising intervention fears. The move comes as USD/JPY trades within striking distance of the 160.00 level, a key zone that previously prompted action from Japanese authorities.

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Canadian Dollar (CAD) is steady to slightly firmer versus the Dollar despite weak risk appetite, helped by a modest bid for commodity currencies.

The US Dollar (USD) keeps marching higher against the Canadian Dollar (CAD) on Friday.

ING’s Chris Turner argues that EUR/USD remains under pressure as investors position for further Middle East escalation and tighter global financial conditions. He notes that Sovereign Wealth Fund retrenchment and hawkish European Central Bank pricing weigh on the pair.

UOB’s Quek Ser Leang highlights a weakening technical backdrop for AUD/USD after the pair broke below a rising wedge and tested the Ichimoku cloud base near 0.6870.

The Australian Dollar (AUD) outperforms its major currency peers, trading marginally higher to near 0.6900 against the US Dollar (USD) during the late European trading session on Friday.

The US Dollar (USD) is outperforming its peers on Friday, including the safe-haven Yen (JPY).

Brown Brothers Harriman’s (BBH) Elias Haddad reports that Japanese officials are escalating verbal intervention as USD/JPY approaches 160.00, a potential line in the sand.

The Euro (EUR) is trading lower against the US Dollar (USD) for the fourth consecutive day on Friday, changing hands at 1.1520 at the time of writing, down from weekly highs of 1.1640 on Monday.

TD Securities analysts note United Kingdom (UK) Retail Sales for February beat expectations, showing only slight mean reversion after strong gains and maintaining a positive three‑month trend. Weather-related weakness was broad but not fundamentally alarming.

MUFG's Derek Halpenny highlights that higher energy-related inflation, fiscal slippage risks and potential sharp Japanese Yen (JPY) depreciation above 160.00 in USD/JPY are adding to JGB selling pressure.

The New Zealand Dollar (NZD) maintains its bearish trend against the US Dollar (USD) intact.

Commerzbank, led by Chief Economist Jörg Krämer, has cut its 2026 Eurozone growth forecast and now expects fewer ECB rate hikes than futures imply, while still projecting more Fed cuts than markets.

The Euro (EUR) keeps trading sideways against the British Pound (GBP) on Friday, oscillating within a tight range around the 0.8650 level for the fourth consecutive day, on track for a 0.25% weekly decline.

The EUR/USD pair trades subduedly around 1.1520 during the European trading session on Friday.

AUD/JPY edges higher after four days of losses, trading around 110.20 during the European hours on Friday. The technical analysis of the daily chart suggests a bearish bias as the currency cross moves downwards within the descending channel pattern.

The GBP/JPY cross reverses an intraday dip to the 212.60-212.55 region on Friday and climbs to a fresh daily high during the early European session.

GBP/USD halts its three-day losing streak, trading around 1.3330 during the early European hours on Friday. The pair holds ground following the release of the United Kingdom’s (UK) Retail Sales figures.

Rabobank’s Senior FX Strategist Jane Foley notes that Bank of Japan policy expectations have changed little versus other G10 central banks, with markets already pricing a gradual tightening path.

UOB analysts report GBP/USD easing to around 1.3340, with the intraday bias still lower but momentum not strong enough for a deeper slide. They see declines likely limited to a test of 1.3305, with resistance at 1.3355/1.3375.

The Indian Rupee (INR) opens lower against the US Dollar (USD) on Friday after a holiday the previous day due to Ram Navami celebrations.

The USD/CHF pair reclaims the two-month high of 0.7960 during the Asian trading session on Thursday.

NZD/USD halts its three-day losing streak, trading around 0.5780 during the Asian hours on Friday.