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AUD/USD Price Forecast: Strengthen to near 0.6950, but keeping bearish bias amid oversold conditions
The AUD/USD pair gathers strength to around 0.6940 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the key US economic data and escalating conflicts in the Middle East.
Spain Unemployment Change came in at 23.587K, above forecasts (17.6K) in September
Spain Unemployment Change came in at 23.587K, above forecasts (17.6K) in September
Spain Unemployment Change came in at 23.6K, above expectations (17.6K) in September
Spain Unemployment Change came in at 23.6K, above expectations (17.6K) in September
Euro holds losses against British Pound amid French debt woes, high Oil Prices
The Euro (EUR) edges lower against the British Pound (GBP) on Friday, set to complete its worst weekly performance in four months with a 1% sell-off, hammered by high Oil prices and mounting concerns about France’s fiscal health.
Norway Registered Unemployment n.s.a came in at 2% below forecasts (2.1%) in September
Norway Registered Unemployment n.s.a came in at 2% below forecasts (2.1%) in September
Japanese Yen rises due to hot Tokyo CPI, dovish Fed bets
USD/JPY declines after two days of gains, trading around 157.90 during Asian hours on Friday. The Japanese Yen (JPY) gained momentum following stronger-than-expected inflation data from Tokyo, putting downward pressure on the pair.
New Zealand Dollar rebounds ahead of US jobs data, election uncertainty lingers
The NZD/USD pair recovers some lost ground to near 0.5610, snapping the three-day losing streak during the early European session on Friday.
USD/CAD Price Forecast: Falls to near 1.4200 after pulling back from nearly 18-month highs
USD/CAD loses ground for the second successive day, trading around 1.4210 during Asian hours on Friday. The technical analysis of the daily chart indicates that the price is positioned slightly below the top trendline of an ascending channel, suggesting a persistent bullish bias.
Indonesian Rupiah strengthens as US Dollar weakens on easing Fed rate hike bets
USD/IDR has pared its recent gains from the previous day, trading around 17,910 during the Asian hours on Friday.
AUD/JPY Price Forecast: Weakens below 109.50 as bearish tone persists below 100-day SMA
The AUD/JPY cross trades in negative territory near 109.40 during the early European trading hours on Friday.
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.
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.