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United States CFTC Oil NC Net Positions increased to 141.1K from previous 135.9K
United States CFTC Oil NC Net Positions increased to 141.1K from previous 135.9K
Australia CFTC AUD NC Net Positions down to $-46.8K from previous $-38.9K
Australia CFTC AUD NC Net Positions down to $-46.8K from previous $-38.9K
Chinese Yuan: PBoC keeps yuan broadly stable â Societe Generale
Societe Generale describes a limited impact from President Xiâs US visit, with no new tariff cuts or AI dialogue mechanism agreed as the trade truce was only extended to January.
Fedâs Hammack says policy still isnât restrictive despite high inflation
Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday the two sides of the Fed's dual mandate are not in conflict. She said that âhigh inflation complicates economic planning,â and that she doesnât see current policy as restraining the economy.
Singapore Dollar: Consolidation near lows against US Dollar â UOB
UOBâs Quek Ser Leang and Lee Sue Ann note USD/SGD held steady around 1.2800 after Wednesdayâs surge, with the Singapore Dollar (SGD) supported by expectations of further MAS tightening.
ECBâs Vujcic warns energy shock could keep inflation hot
European Central Bank (ECB) Vice President Boris Vujcic said on Friday that the ECB started a tightening cycle and sees a ârisk of higher for longer energy prices." He added that diesel prices will stay high for a long time, feeding into inflation.
Asian FX: Higher yields and Oil weigh â OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that Asian FX traded broadly softer as higher Oil prices and rising US Treasury yields hurt risk sentiment, with Indonesian Rupiah (IDR) underperforming and Philippine Peso (PHP), Indian Rupee (INR) and Thai Baht (THB) also weaker.
Swiss Franc remains under pressure as Fed-SNB interest rate gap widens
USD/CHF holds firm on Friday even as the US Dollar (USD) pulls back slightly after a strong weekly rally. The move has done little to lift the Swiss franc (CHF), with the pair hovering around 0.8285, near levels last seen in May 2025. USD/CHF is on track for a fourth consecutive weekly gain.
Swiss Franc: Further losses seem capped against US Dollar â UOB
UOBâs Quek Ser Leang and Lee Sue Ann note that USD/CHF has surged over the past two days, with strong momentum pointing to further Dollar strength. However, they stress that deeply overbought conditions are likely to cap upside to the 0.8305â0.8330 area.
New Zealand Dollar holds steady as US Dollar retreats
NZD/USD trades around 0.5665 on Friday at the time of writing, virtually unchanged on the day, as the New Zealand Dollar (NZD) struggles to capitalize on a moderate decline in the US Dollar (USD).
British Pound finds relief as USD pauses, but inflation risks linger
The Pound Sterling (GBP) trims some of its weekly losses, gaining over 0.18% against the US Dollar (USD) on Friday as the Greenback takes a breather, even as US Treasury yields continue to rise.
Canadian Dollar: Undervalued near 1.41 against US Dollar â Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Canadian Dollar (CAD) is flat versus the US Dollar (USD) and lagging most G10 peers. They highlight that wider USâCanada yield spreads have weighed on the CAD, but see the move as stretched.
Euro: Correction seen near key averages against US Dollar â Societe Generale
Societe Generaleâs Morning Briefing reports EUR/USD traded between 1.1359 and 1.1387 overnight and is on course for a second weekly drop. The defence of the 100âweek moving average at 1.1356 and oversold technicals suggest the correction may have run its course for now.