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EUR/USD Price Forecast: Next move hinges on US NFP data
The Euro (EUR) finds temporary support against the US Dollar (USD) on Friday after a four-day losing streak, in which it hits a fresh yearly low at 1.1215. In Asian trade, EUR/USD is up 0.1% to near 1.1253 due to a marginal correction in the US Dollar.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Swiss Franc gains as US Dollar eases amid easing Fed rate hike odds
USD/CHF extends its losses for the second consecutive day, trading around 0.8290 during Asian hours on Friday.
Japanese Yen draws support from hot Tokyo CPI as USD bulls await US NFP report
The USD/JPY pair edges lower during the Asian session on Friday, currently trading below the 158.00 mark, though it remains near the weekly high touched the previous day.
GBP/USD Price Forecast: Likely to retest YTD low near 1.3140
The British Pound (GBP) trades 0.1% higher at around 1.3208 against the US Dollar (USD) during the Asian trading session on Friday. The GBP/USD pair as the US Dollar Index trades slightly lower to near 101.93 after posting a fresh over-a-year high at 102.20 on Thursday.
Gold extends range play below $4,200; looks to US NFP for fresh impetus
Gold (XAU/USD) steadies below the $4,200 mark during the first half of the European session on Friday as traders keenly await the release of US employment details.
Euro flattens against the Japanese Yen in countdown to Eurozone HICP data
The Euro (EUR) trades flat against the Japanese Yen (JPY) at around 177.60 during the Asian trading session on Friday, but the pair is close to its fresh over 10-month low of 176.66 posted the previous day.
Australian Dollar loses as US Dollar receives support from persistent inflation concerns
AUD/USD remains subdued for the fifth consecutive day, trading around 0.6930 during the Asian hours on Friday.
Euro weakens below 1.1250 on fiscal concerns, US NFP data looms
The EUR/USD pair declines to around 1.1235 during the Asian trading hours on Friday. The Euro (EUR) extends its downside on French fiscal concerns. The US jobs report for September will take center stage later on Friday.
Japan’s Katayama says will beef up efforts to promote version of doge review of subsidies, funds
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that she will beef up efforts to promote the Japanese version of the doge review of subsidies and funds, adding that there are about 200 existing funds, worth about 7 trillion yen.
Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns
Silver price (XAG/USD) loses ground after registering gains the previous day, trading around $60.30 per troy ounce during Asian hours on Friday. Silver price retreats as rising crude oil costs, driven by fears of a deteriorating conflict between the US and Iran, reignite broader inflation concerns.
United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFP
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday.
Canadian Dollar falls as oil prices dip, US Dollar gains strength
USD/CAD rebounds after registering losses in the previous day, trading around 1.4230 during the Asian hours on Friday. The currency pair continues to gain ground as the US Dollar (USD) receives strong support.