The USD/CAD pair declines to around 1.4190 during the early European trading hours on Friday. The US Dollar (USD) softens against the Canadian Dollar (CAD) as the US Personal Consumption Expenditures (PCE) Price Index inflation data eases US rate hike expectations.
Sweden Producer Price Index (MoM) increased to 1.3% in May from previous 1.1%
NZD/USD continues its losing streak that began on June 17, trading around 0.5650 during the Asian hours on Friday. Technical analysis of the daily chart suggests the spot price is moving downwards within the descending channel, reflecting a persistent bearish bias.
Singapore Industrial Production (YoY) below forecasts (17%) in May: Actual (13%)
The AUD/USD pair attracts fresh sellers following the previous day's modest gains and drops to a fresh low since early April during the Asian session on Friday.
West Texas Intermediate (WTI) depreciates after registering over 2% gains in the previous day, trading around $70.30 per barrel during the Asian hours on Friday.
The GBP/USD pair trades with mild gains near 1.3200 during the early European session on Friday.
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Silver price (XAG/USD) is down 2.5% to near $56.50 during the Asian trading session on Friday.
EUR/JPY inches lower after registering minor gains in the previous day, trading around 183.90 during the Asian hours on Friday.
Singapore Industrial Production (MoM) came in at -0.7% below forecasts (2%) in May
USD/CHF gains ground after registering nearly 0.30%, trading around 0.8100 during the Asian hours on Friday. The pair rises as the US Dollar (USD) finds support from growing expectations of a Federal Reserve (Fed) rate hike.
