Sweden New Orders Manufacturing (YoY) climbed from previous -3.9% to 1% in February
Sweden New Orders Manufacturing (YoY) climbed from previous -3.9% to 1% in February
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $91.75 during the early European trading hours on Friday. The WTI price declines as traders brace for the outcome of make-or-break talks between the US and Iran on Saturday in Pakistan.
The AUD/USD pair is down 0.23% to near 0.7065 in the late Asian trading session, struggling to extend its winning streak for the fifth trading day on Friday.
The GBP/USD pair drifts lower during the Asian session on Friday, though it lacks follow-through selling and remains close to its highest level since late February, set earlier this week.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day losing streak and trading around 98.90 during the Asian hours on Friday.
The EUR/USD pair struggles to capitalize on its weekly gains registered over the past four days and trades with a mild negative bias below the 1.1700 mark during the Asian session on Friday.
The USD/CHF pair loses ground to near 0.7905 during the early European session on Friday. A fragile two-week ceasefire between the United States (US) and Iran provides some support to a safe-haven currency such as the Swiss Franc (CHF) against the US Dollar (USD).
Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.
Netherlands, The Manufacturing Output (MoM) dipped from previous 0.4% to -1.3% in February
EUR/JPY extends its gains for the second successive day, trading around 186.10 during the Asian hours on Friday. The technical analysis of the daily chart indicates the currency cross is trending higher within an ascending channel, signaling a persistent bullish bias.
Indonesia Consumer Confidence down to 122.9 in March from previous 125.2
USD/CAD gains ground after four days of losses, trading around 1.3820 during the Asian hours on Friday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) struggles amid lower oil prices, given Canada’s status as the largest crude exporter to the United States (US).