The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for January is due for release today at 14:45 GMT.
The risk for Pound Sterling (GBP) remains on the upside; it is unclear whether momentum is strong enough to break above 1.3570, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering 0.5% losses in the previous session. The DXY is hovering around 98.30 during the Asian hours on Friday.
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Friday that the central bank remains committed to returning inflation to the 2% midpoint.
The Australian Dollar inches higher against the US Dollar (USD) on Friday, remaining in the positive territory for the second consecutive day.
Japan’s National Consumer Price Index (CPI) rose by 2.1% YoY in December, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics Bureau on Friday.
The Bank of Japan (BoJ) is expected to leave its benchmark interest rate unchanged at 0.75% after concluding its two-day monetary policy meeting next Friday.
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.4 in January versus 51.6 prior, the latest data published by S&P Global showed on Friday.
New Zealand’s Consumer Price Index (CPI) climbed 3.1% YoY in the fourth quarter (Q4) of 2025, compared with the 3.0% increase seen in the third quarter, according to the latest data published by Statistics New Zealand on Friday. The market consensus was for a growth of 3.0% in the reported period