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Silver Price Forecast: XAG/USD rises to near $76.50 but eyes third weekly decline
Silver price (XAG/USD) gains ground after registering 11.5% losses in the previous session, trading around $76.60 per troy ounce during the early European hours on Friday. However, the silver price is poised for a third consecutive weekly decline as volatility resurfaces.
Silver
Fxstreet
Fri, Feb 13
EUR/GBP posts modest gains above 0.8700, Eurozone GDP data in focus
The EUR/GBP cross trades with mild gains around 0.8715 during the early European session on Friday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the downbeat UK economic data.
EUR/GBP
Fxstreet
Fri, Feb 13
Eurozone: PMIs and steady ECB support Euro – Commerzbank
Commerzbank’s Dr. Vincent Stamer expects the Euro area composite PMI to edge up to 51.5 in February, driven by improving manufacturing sentiment as looser policy, higher German spending and limited tariff fallout support activity.
EUR/USD
Fxstreet
Fri, Feb 13
FOREX-Yen set for best week in close to 15 months
Yen up more than 2% against the dollar this week'Buy Japan' narrative gathers steam in sentiment shiftDollar on guard ahead of US CPI dataBy Jiaxing Li and Rae Wee SINGAPORE, Feb 13 (Reuters) - The yen was set for its best week in almost 15 months on Friday, having climbed steadily after ...
Reuters
Fri, Feb 13
AUD/USD Price Forecast: Remains on the defensive below 0.7100; US CPI report awaited
The AUD/USD pair oscillates in a narrow trading band below the 0.7100 mark through the Asian session as traders move to the sidelines ahead of Friday's release of the latest US consumer inflation figures.
AUD/USD
Fxstreet
Fri, Feb 13
USD/CHF gathers strength to near 0.7700 ahead of Swiss, US CPI inflation releases
The USD/CHF pair trades in positive territory near 0.7700 during the early European session on Friday. Growing expectations that the US Federal Reserve (Fed) will not cut interest rates in the near term provide some support to the Greenback against the Swiss Franc (CHF).
USD/CHF
Fxstreet
Fri, Feb 13
US CPI data expected to show a mild decline in inflation in January
The US Bureau of Labor Statistics (BLS) will publish January’s Consumer Price Index (CPI) data on Friday, delayed by the brief and partial United States (US) government shutdown.
EUR/USD
Fxstreet
Fri, Feb 13
AUD/JPY trades with positive bias around mid-108.00s, lacks bullish conviction
The AUD/JPY pair struggles to capitalize on a modest Asian session uptick and remains close to a nearly two-week low, touched the previous day. Spot prices currently trade just below mid-108.00s, up less than 0.20% for the day, and seem poised to register weekly losses.
AUD/JPY
Fxstreet
Fri, Feb 13
GBP/JPY Price Forecast: Rebounds above 208.00, but weak RSI momentum persist
The GBP/JPY cross holds positive ground near 208.25, snapping the four-day losing streak during the early European session on Friday.
GBP/JPY
Fxstreet
Fri, Feb 13
EUR/USD Price Forecast: Tests nine-day EMA support near 1.1850
EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator at 56 stays above the midline, confirming steady momentum.
EUR/USD
Fxstreet
Fri, Feb 13
USD/INR steadies as Asian currencies stabilize, RBI intervention eyed
USD/INR steadies on Friday after recording modest losses in the previous session. The pair is likely to trade within the 90.50–91.00 range, as Asian currencies show signs of stabilization while investors remain cautious amid prevailing risk-off sentiment.
Fxstreet
Fri, Feb 13
Australia, NZ dollars extend winning run as yields attract
By Wayne Cole SYDNEY, Feb 13 (Reuters) - The Australian and New Zealand dollars were looking to notch a fifth straight week of gains on Friday as fat yield premiums underpinned demand, though a setback on Wall Street posed a challenge to risk sentiment.A renewed selloff in tech stocks left the Au...
Reuters
Fri, Feb 13
NZD/USD consolidates amid mixed cues; trades below 0.6050 as traders await US CPI report
The NZD/USD pair finds some support near the 0.6025 region during the Asian session on Friday and, for now, seems to have stalled the previous day's retracement slide from a two-week high.
NZD/USD
Fxstreet
Fri, Feb 13
Canadian Dollar holds losses near 1.3600 as US jobs data dims Fed rate cut expectations
The USD/CAD pair posts modest gains around 1.3615 during the Asian trading hours on Friday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) amid expectations that the Federal Reserve (Fed) will not cut interest rates in the near term.
USD/CAD
Fxstreet
Fri, Feb 13
British Pound consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus
The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.
GBP/USD
Fxstreet
Fri, Feb 13
FOREX-Yen on track for best week in nearly 15 months
Yen up nearly 3% against the dollar this week'Buy Japan' narrative gathers steam in sentiment shiftDollar on guard ahead of US CPI dataBy Rae Wee and Jiaxing Li SINGAPORE, Feb 13 (Reuters) - The yen was set for its best week in almost 15 months on Friday, having climbed steadily after Jap...
Reuters
Fri, Feb 13
Silver Price Forecast: XAG/USD rebounds above $76.50 after sharp drop, eyes on US CPI data
Silver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
Silver
Fxstreet
Fri, Feb 13
PBOC sets USD/CNY reference rate at 6.9398 vs. 6.9457 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9398 compared to the previous day's fix of 6.9457.
USD/CNH
Fxstreet
Fri, Feb 13
Australian Dollar gains as RBA signals inflation concerns
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after posting losses of more than 0.5% in the previous session. Still, AUD/USD may find support from cautious sentiment surrounding the Reserve Bank of Australia (RBA) policy outlook.
AUD/USD
Fxstreet
Fri, Feb 13
Japanese Yen bears seem hesitant; USD/JPY remains below 153.00 as traders await US CPI
The USD/JPY pair gains some positive traction during the Asian session on Friday and moves away from an over two-week low, around the 152.30-152.25 region, touched the previous day. Spot prices, however, lack bullish conviction and currently trade and remain below the 153.00 mark amid mixed cues.
USD/JPY
Fxstreet
Fri, Feb 13
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