Silver (XAG/USD) shows minor gains on Friday, trading at $77.35 at the time of writing after bouncing from lows near $74.00 on Thursday. The white metal, however, remains on track for its third consecutive weekly decline, with bulls lacking follow-through above the $79.00 area.

Nordea’s Ole Håkon Eek-Nielsen and Henrik Unell, notes that EUR/SEK has broken to new lows as the SEK bull story aligns with Dollar weakness and strong repatriation flows.

Brazil Retail Sales (MoM) came in at -0.4%, below expectations (-0.2%) in December

Rabobank’s Molly Schwartz and Christian Lawrence expect USD/CAD to trade broadly sideways through 2026 as US‑Canada trade tensions and USMCA review risks offset a weaker Dollar.

Deutsche Bank analysts note that EUR/USD was little changed, with the Dollar Index edging higher, as markets await the US CPI release for January.

The Pound (GBP) extends losses against the US Dollar (USD) for the fourth consecutive day, trading around 1.3600 on Friday after pulling back from weekly highs above 1.3700.

The US Dollar (USD) found support at 152.30 against the Japanese Yen (JPY) and is trimming some losses on Friday, returning to the upper range of the 153.00s.

Russia Interest Rate Decision came in at 15.5% below forecasts (16%)

Eurozone Trade Balance s.a. increased to €11.6B in December from previous €10.7B

Eurozone Employment Change (QoQ) came in at 0.2%, above expectations (0.1%) in 4Q

Eurozone Employment Change (YoY) meets forecasts (0.6%) in 4Q

Eurozone Trade Balance n.s.a. climbed from previous €9.9B to €12.6B in December

MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen is set to be the best-performing G10 currency this week, with USD/JPY dropping sharply after Japan’s election failed to trigger further Yen weakness.

Commerzbank’s strategy team keeps a constructive view on the Euro versus the Dollar, forecasting EUR/USD at 1.19 in Q1 2026 and a gradual rise to 1.22 by year-end.

The New Zealand Dollar (NZD) is coming under increasing bearish pressure on Friday, amid a firmer US Dollar (USD), favoured by the dismal market mood.

The US Dollar (USD) posts moderate gains against the Swiss Franc (CHF) on Friday, returning to levels above 0.7700 to trade at 0.7714 at the time of writing.

GBP/USD remains subdued for the fourth successive session, trading around 1.3600 during the European hours on Friday. The technical analysis of the daily chart indicates an ongoing bullish bias, as the pair trades within an ascending channel pattern.

The Euro (EUR) is trading lower against the US Dollar (USD) for the fourth consecutive day on Friday, changing hands at 1.1855 at the time of writing, down from its weekly high of 1.1928.

Here is what you need to know on Friday, February 13:

The USD/CAD pair is seen building on this week's goodish rebound from the 1.3500 psychological mark and gaining positive traction for the third consecutive day on Friday.

Nordea’s Ole Håkon Eek-Nielsen and Henrik Unell, argue that US outperformance has peaked and that global investors are overexposed to US assets.

Silver price (XAG/USD) gains ground after registering 11.5% losses in the previous session, trading around $76.60 per troy ounce during the early European hours on Friday. However, the silver price is poised for a third consecutive weekly decline as volatility resurfaces.

The EUR/GBP cross trades with mild gains around 0.8715 during the early European session on Friday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the downbeat UK economic data.

Commerzbank’s Dr. Vincent Stamer expects the Euro area composite PMI to edge up to 51.5 in February, driven by improving manufacturing sentiment as looser policy, higher German spending and limited tariff fallout support activity.

The AUD/USD pair oscillates in a narrow trading band below the 0.7100 mark through the Asian session as traders move to the sidelines ahead of Friday's release of the latest US consumer inflation figures.

The USD/CHF pair trades in positive territory near 0.7700 during the early European session on Friday. Growing expectations that the US Federal Reserve (Fed) will not cut interest rates in the near term provide some support to the Greenback against the Swiss Franc (CHF).

The US Bureau of Labor Statistics (BLS) will publish January’s Consumer Price Index (CPI) data on Friday, delayed by the brief and partial United States (US) government shutdown.

The AUD/JPY pair struggles to capitalize on a modest Asian session uptick and remains close to a nearly two-week low, touched the previous day. Spot prices currently trade just below mid-108.00s, up less than 0.20% for the day, and seem poised to register weekly losses.

The GBP/JPY cross holds positive ground near 208.25, snapping the four-day losing streak during the early European session on Friday.

EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator at 56 stays above the midline, confirming steady momentum.