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Swiss Franc remains weaker as US Dollar receives support amid US-Iran tensions
USD/CHF continues its winning streak for the fifth successive day, trading around 0.8170 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) pares its daily losses amid rising safe-haven demand due to escalating conflicts in the Middle East.
New Zealand Dollar trades with positive bias but lacks follow-through amid bullish USD
The NZD/USD pair attracts some buyers during the Asian session on Friday and moves away from a one-and-a-half-week trough, around the 0.5760 region touched the previous day.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
AUD/JPY Price Forecast: Holds gains above 114.00, bullish vibe remains intact above 100-day SMA
The AUD/JPY cross trades in positive territory around 114.25 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on a strong Australian employment report for June.
Gold climbs above $4,050 on retreating USD; upside seems limited amid Fed hike bets
Gold (XAU/USD) builds on its modest intraday bounce and climbs back above the $4,050 level, hitting a fresh daily high during the first half of the European session on Friday amid a modest US Dollar (USD) pullback.
EUR/JPY Price Forecast: Eyes rising wedge top near 187.00
EUR/JPY extends its gains for the fourth consecutive day, trading around 186.50 during the Asian hours on Friday. The currency cross is maintaining a bullish near-term bias as price holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
United States Dollar Index holds gains near 101.50 on revival of hawkish Fed bets
The US Dollar (USD) clings to the previous day’s gains in the Asian session on Friday, as surging oil prices due to intensified Middle East energy supply risks have revived Federal Reserve (Fed) interest rate hike expectations.
Silver Price Forecast: XAG/USD holds gains above $57.50 despite rising Fed rate hike odds
Silver price (XAG/USD) inches higher after registering over 4% losses in the previous day, trading around $57.60 per troy ounce during the Asian hours on Friday.
British Pound rebounds above 1.3300 ahead of UK Retail Sales data
The GBP/USD pair recovers some lost ground to near 1.3325, snapping the five-day losing streak during the Asian trading hours on Friday. However, the potential upside might be limited amid heightened military tensions in the Middle East.
Canadian Dollar edges higher vs soft USD; bulls seem hesitant amid mixed cues
The USD/CAD pair attracts fresh sellers during the Asian session on Friday and currently trades around the 1.4070 zone, down 0.10% for the day amid a softer US Dollar (USD).
Euro rises as US Dollar weakens despite rising Middle East tensions
EUR/USD gains ground after posting modest losses in the previous day, trading around 1.1380 during the Asian hours on Friday.
Japan’s Katayama says ready to act appropriately on currency shifts whenever necessary
Japan’s Finance Minister Satsuki Katayama delivered a verbal intervention on Friday, saying that authorities prepared to take decisive steps on foreign exchange.
Australian Dollar rebounds vs USD; Trump's tariffs and US-Iran tensions cap gains
The AUD/USD pair attracts some buyers during the Asian session on Friday and reverses a part of the previous day's slide back to the weekly trough.