Market News
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Swiss Franc weakens ahead of Unemployment Rate data
USD/CHF gains ground after registering losses in the previous day, trading around 0.8080 during Asian hours on Friday.
WTI Price Forecast: Bulls await acceptance above $90.00 and 61.8% Fibo. amid Iran risks
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – trades below the $90.00 mark during the Asian session on Friday and remains close to its highest level since July 24, touched earlier this week.
AUD/JPY Price Forecast: Rebounds above 112.50, while staying constrained below 100-day SMA
The AUD/JPY cross trades in positive territory near 112.80 during the early European trading hours on Friday. However, the potential upside for the cross might be limited as traders ramped up bets on a Bank of Japan (BoJ) interest rate hike, boosting the Japanese Yen (JPY).Â
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Gold extends the range play above $4,450 as traders look to US NFP for Fed rate cues
Gold (XAU/USD) extends its sideways price moves and trades above the $4,450 level through the first half of the European session on Friday.
EUR/JPY Price Forecast: Trades near 181.50 after rebounding from descending channel bottom
EUR/JPY gains ground after two days of losses, trading around 181.50 during the Asian hours on Friday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias.
EUR/USD Price Forecast: Strong recovery from 100-day MA ahead of US NFP data
The Euro (EUR) holds onto previous day’s gains at around 1.1630 against the US Dollar (USD) during the Asian trading session on Friday.
New Zealand Dollar gains momentum to near 0.5900, US NFP data looms
The NZD/USD pair gathers strength to near 0.5895 during the Asian trading hours on Friday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) following Federal Reserve (Fed) Governor Christopher Waller’s remarks. Traders brace for the US August employment report later on Friday.Â
Japan’s Katayama says will closely monitoring bond markets with heightened urgency
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the officials will closely monitoring bond markets with heightened urgency.Â
United States Dollar Index weakens as Fed’s Waller signals rate pause
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 99.00 during Asian hours on Friday.
Silver Price Forecast: XAG/USD trades below $67.00 amid mixed setup as US NFP looms
Silver (XAG/USD) edges lower during the Asian session on Friday, snapping a two-day winning streak to the weekly high set the previous day.
Australian Dollar strengthens on RBA hike odds
AUD/USD extends its gains for the third successive day, trading around 0.7210 during the Asian hours on Friday.
Canadian Dollar remains on the front foot vs USD as US and Canada jobs data loom
The USD/CAD pair consolidates below the 1.3800 mark during the Asian session on Friday and remains close to a nearly two-week low, touched the previous day.