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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
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
EUR/USD holds steady above 1.1850 as markets eye Eurozone GDP, US CPI inflation releases
The EUR/USD pair trades on a flat note near 1.1870 during the early Asian session on Friday. The major pair steadies amid mixed signals from the latest release of US economic indicators.
EUR/USD
Fxstreet
Fri, Feb 13
GBP/JPY Price Forecast: Slides as risk-off surge boosts the Yen
The Pound Sterling tumbles on Thursday, down 0.36% in the day as risk aversion boosted the safe-haven appeal of the Japanese Yen. Renewed AI disruption fears sent Wall Street plunging, while haven assets like Gold, Silver and the US Dollar failed to gain traction.
GBP/JPY
Fxstreet
Thu, Feb 12
GBP/USD inching closer to 1.36
The Pound Sterling edged higher to 1.3640 on Thursday, recovering from an earlier pullback after stronger-than-expected US jobs data initially weighed on the pair.
GBP/USD
Fxstreet
Thu, Feb 12
USD/JPY sinks back below 153.00 as undaunted Yen continues to climb
The Japanese Yen strengthened past 153 per US Dollar on Thursday, rising for the fourth straight session after Prime Minister Sanae Takaichi's decisive general election victory on February 8 gave her a clear mandate to pursue expansionary fiscal policy.
USD/JPY
Fxstreet
Thu, Feb 12
NZD/USD holds steady near 0.6050 as momentum withers
The New Zealand Dollar firmed to around 0.6057, its highest level in two weeks, as markets assessed the Reserve Bank of New Zealand's (RBNZ) policy outlook ahead of its February 18 Monetary Policy Statement.
NZD/USD
Fxstreet
Thu, Feb 12
AUD/USD eases slightly, but remains firmly in bull country
The Australian Dollar rallied to a fresh three-and-a-half-year high above 0.7140 this week after the Reserve Bank of Australia (RBA) reinforced its hawkish stance.
AUD/USD
Fxstreet
Thu, Feb 12
USD/CHF declines as soft US data and bearish technicals weigh on pair
The Swiss Franc continued to appreciate versus the Greenback on Thursday, following a slightly soft US jobs report overshadowed by Wednesday’s Nonfarm Payrolls print. Despite this, the Greenback, has failed to rally and USD/CHF trades at 0.7700 down 0.22%.
USD/CHF
Fxstreet
Thu, Feb 12
USD/JPY slides as Japan election supports Yen, intervention risks weigh
The Japanese Yen (jpy) trades on the front foot against the US Dollar (USD) on Thursday, with USD/JPY extending its decline for a fourth straight day, driven by Japan’s election outcome and ongoing intervention concerns.
USD/JPY
Fxstreet
Thu, Feb 12
EUR/USD snaps two-day slide as the Greenback struggles for traction
The Euro (EUR) regains some lost ground against the US Dollar (USD) on Thursday, with EUR/USD snapping a two-day losing streak as the Greenback struggles to attract a meaningful recovery. At the time of writing, EUR/USD is trading around 1.1883, up about 0.10%.
EUR/USD
Fxstreet
Thu, Feb 12
GBP/USD climbs as jobless claims dent USD despite soft UK GDP
The Pound Sterling rallies during the North American session versus the US Dollar, after the jobs data in the US, contradicts a stellar Nonfarm Payrolls report released a day ago. Meanwhile, the UK economy grew weaker than expected, yet the British Pound continues to trade with gains.
GBP/USD
Fxstreet
Thu, Feb 12
USD/JPY: Authorities stay vigilant as Yen firms – BNY
BNY’s EMEA Macro Strategist Geoff Yu notes that the Japanese government remains highly vigilant on foreign exchange despite recent Japanese Yen gains, with USD/JPY moving toward 153 after stronger U.S. payrolls pushed back Federal Reserve rate-cut expectations.
USD/JPY
Fxstreet
Thu, Feb 12
EUR/USD: Bullish trend eyes 1.20 barrier – Scotiabank
Scotiabank analysts Shaun Osborne and Eric Theoret note the Euro is stabilizing after a minor NFP-driven setback, with improving yield spreads and recovering correlations pointing back to fundamentals.
EUR/USD
Fxstreet
Thu, Feb 12
AUD/USD trades near recent highs amid elevated Australian inflation expectations
AUD/USD trades around 0.7140 on Thursday at the time of writing, up 0.21% on the day, after briefly reaching a three-year high at 0.7147.
AUD/USD
Fxstreet
Thu, Feb 12
USD/CAD holds steady amid softer US Dollar and trade uncertainty
The Canadian Dollar (CAD) trades little changed against the US Dollar (USD) on Thursday, as growing uncertainty around North American trade ties keeps investors cautious. At the time of writing, USD/CAD is hovering near 1.3571, with a broadly softer Greenback limiting upside in the pair.
USD/CAD
US Dollar Index
Fxstreet
Thu, Feb 12
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