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Canada Unemployment Rate set to tick higher in February ahead of BoC rate decision
Statistics Canada will release its Labour Force Survey on Friday, and market participants expect a modest uptick in job creation in February, with the Employment Change foreseen at 10K following the -24.8K in the previous month.
Fxstreet
Fri, Mar 13
EUR/JPY Price Forecast: Remains below nine-day EMA near 183.50
EUR/JPY extends its gains for the second successive session, trading around 183.30 during the Asian hours on Friday. The technical analysis of the daily chart shows the spot testing the upper boundary of a descending triangle, suggesting potential resistance and a possible downside continuation.
Fxstreet
Fri, Mar 13
AUD/USD Price Forecast: Retreats to near 0.7050, constructive view prevails
The AUD/USD pair loses traction to around 0.7060 during the early European session on Friday. The pair retreats from near three-year highs as rising tensions in the Middle East boost the safe-haven flows, supporting the US Dollar (USD).
Fxstreet
Fri, Mar 13
Canadian Dollar remains flat as oil prices ease
USD/CAD steadies after registering over 0.25% gains in the previous session, trading around 1.3640 during the Asian hours on Friday. However, the commodity-linked Canadian Dollar (CAD) may strengthen amid surging oil prices, as Canada is the largest crude exporter to the United States (US).
Japanese Yen Recovers Slightly Vs. USD As Intervention Fears Loom Ahead of US PCE
The USD/JPY pair meets with some supply during the Asian session on Friday, and for now, seems to have snapped a three-day winning streak back closer to the 159.40-159.45 area, or the year-to-date high.
Fxstreet
Fri, Mar 13
AUD/USD turns south, trades below 0.7100
The AUD/USD turned lower on Thursday, retreating from the multi-year peak of 0.7186 achieved on Wednesday. The Greenback hedged sharply higher as the Middle East war intensified, pushing Oil prices up and fuelling demand for the safe-haven US Dollar (USD).Fxstreet
Thu, Mar 12
EUR/USD pressures 2026 lows as risk aversion fuels US Dollar demand
The US Dollar (USD) trades with a firmer tone across the FX board in the American session on Thursday, as persistent concerns about oil supply disruptions undermine the market’s mood. The EUR/USD pair trades in the 1.1520 price zone, not far above the 2026 low at 1.1507.
NZD/USD falls for third consecutive day as US Dollar gains on inflation risks
NZD/USD trades lower on Thursday, hovering around 0.5860 at the time of writing and down 0.90% on the day. The pair is posting a third consecutive daily decline, pressured by renewed strength in the US Dollar (USD) and rising geopolitical tensions.Fxstreet
Thu, Mar 12
USD/JPY extends gains as Fed repricing and rising Oil prices pressure the Yen
The Japanese Yen (JPY) trades under pressure against the US Dollar (USD) on Thursday, with USD/JPY returning to levels that previously triggered official “rate checks” by Japanese authorities on January 23, reviving concerns about potential currency intervention.USD/CAD rises as US Dollar gains on geopolitical tensions and Fed repricing
The Canadian Dollar (CAD) edges lower against the US Dollar (USD) on Thursday, pressured by sustained demand for the Greenback amid the ongoing US-Iran war. At the time of writing, USD/CAD is trading around 1.3621, extending its rebound after falling to one-month lows near 1.3525 earlier this week.AUD/USD declines as geopolitical risks boost USD, RBA rate hike expectations persist
AUD/USD trades lower on Thursday at around 0.7095 at the time of writing, down 0.83% on the day, after reaching its highest level since June 2022 near 0.7185 on Wednesday. The pullback mainly reflects renewed demand for the US Dollar (USD) as investors turn more cautious.Fxstreet
Thu, Mar 12
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