EUR/USD edges higher after a flat previous day, trading around 1.1540 during the Asian hours on Friday. Traders await preliminary HOCB Purchasing Managers Index (PMI) data for November from Germany and the Eurozone due later in the day.

The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1.4100 mark, touched the previous day.

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Friday, though remains close to the lowest level since mid-January, touched the previous day.

The NZD/USD pair trades with mild gains near 0.5590 during the early Asian trading hours on Friday. However, the potential upside for the pair might be limited amid the prospect of the Reserve Bank of New Zealand (RBNZ) rate cut next week. 

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0875 compared to the previous day's fix of 7.0905 and 7.1154 Reuters estimate.

GBP/USD cut off a four-day losing streak on Thursday, catching a thin technical bounce from the 1.3050 region. Cable price action is still caught on the bearish side of long-term moving averages, but investors are taking a breather ahead of Friday’s data docket.

The USD/JPY pair trades in negative territory near 157.40 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid intervention fears.

EUR/USD holds firm on Thursday after an outstanding jobs report in the United States (US), hinting that the labor market remains solid, despite softening during the second half of 2025. At the time of writing, the pair trades at 1.1533.

The US Dollar (USD) kept its upside impulse well in place for yet another day on Thursday, this time climbing to the area of six-month highs backed by declining bets for another interest rate cut by the Federal Reserve (Fed) at its December meeting.

The New Zealand Dollar (NZD) pares early gains against the US Dollar (USD) on Thursday, as near-certain expectations of another interest rate cut by the Reserve Bank of New Zealand (RBNZ) keep the Kiwi under sustained pressure.

AUD/USD trades lower around 0.6440 at the time of writing on Thursday, as the Australian Dollar (AUD) adopts a cautious tone ahead of the flash S&P Global Purchasing Managers’ Index (PMI) data for November due later in the day.

The Canadian Dollar (CAD) is under pressure against the US Dollar (USD) on Thursday, with the Greenback holding firm as markets scale back expectations of a December interest rate cut by the Federal Reserve (Fed).

USD/JPY trades around 157.65 on Thursday at the time of writing, up 0.45% on the day after touching a fresh eleven-month high at 157.88.

The Pound Sterling advances during the North American session following the release of a stellar Nonfarm Payrolls (NFP) report for September, which revealed the economy added more people to the workforce than expected. the GBP/USD trades at 1.3117 after reaching a daily low of 1.3037.

The Euro (EUR) reverses earlier losses against the US Dollar (USD) on Thursday, as the Greenback loses momentum after traders reacted to a mixed batch of delayed September US labour-market data. At the time of writing, EUR/USD is trading around 1.1541, recovering from an intraday low near 1.1502.

EUR/GBP trades lower around 0.8810 on Thursday at the time of writing, down 0.25% on the day as the Pound Sterling (GBP) gains ground. The move comes despite a still-uncertain UK economic outlook, with buyers returning to the British currency after Wednesday’s sharp sell-off.

The Japanese Yen (JPY) is soft, down a marginal 0.1% against the US Dollar (USD) as it extends its decline to fresh multi-month lows at levels last seen in January, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Pound Sterling (GBO) is steady and entering Thursday’s NA session with a marginal gain as it outperforms nearly all of the G10 currencies in overall quiet trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is soft, down a marginal 0.1% against US Dollar (USD) with a drift to fresh local lows at levels last seen early November, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Canadian Dollar (CAD) is little changed on the session, with spot holding in a familiar range near 1.40.

USD/CHF advances for the fifth consecutive day on Thursday, with the pair drawing strong support from broad US Dollar (USD) strength as markets position cautiously ahead of the delayed September Nonfarm Payrolls (NFP) report due at 13:30 GMT.

The Pound remains bid against an ailing Japanese Yen on Thursday.

USD/JPY trades higher on Thursday, around 157.20 at the time of writing, up  0.20% on the day. The pair has extended its upward momentum throughout the week, supported by a macroeconomic backdrop that continues to favor the US Dollar (USD) over the Japanese Yen (JPY).

The New Zealand Dollar posts marginal gains against the USD on Thursday, trimming losses after a nearly 1% decline on Wednesday to seven-month lows at 0.5585.

USD/JPY rallied close to 158.00, its highest level since January 15, driven by broad USD strength and the continued sell off in JGBs, BBH FX analysts report.

Eurozone Construction Output w.d.a (YoY): -0.3% (September) vs previous 0.1%

Eurozone Construction Output s.a (MoM): -0.5% (September) vs previous -0.1%

USD/JPY continues its rebound, breaking a multi-month descending trend line and approaching the January high near 158.85–159.10. While resistance in this zone may prompt a short-term pullback, the recent low at 154.40 offers key support, Société Générale's FX analysts note.

USD/JPY has surged into the 157-158 range, a zone traditionally sensitive for Japanese authorities, ING's FX analyst Francesco Pesole notes.

There is scope for the rally in US Dollar (USD) to test 157.55, the major resistance at 158.00 is likely out of reach for now. In the longer run, USD is expected to continue moving higher; the next level to watch is 158.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.