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Pound Sterling gains as UK monthly Retail Sales beat estimates
The Pound Sterling (GBP) attracts bids against its peers on Friday after the release of the upbeat United Kingdom (UK) Retail Sales data for July. The Office for National Statistics (ONS) reported that Retail Sales, a key measure of consumer spending, surprisingly grew at a faster pace of 0.6% on a
Fxstreet
Fri, Sep 5
GBP/JPY pulls back below 199.50 despite bright UK consumption figures
The British Pound has pulled back from intra-day highs around 199.70 against the Japanese Yen, returning to levels right below 199.50despite the stronger-than-expected UK Retail Sales figures released earlier on the day.Retail Consumption rose at a 0.6% pace in the UK in August, according to data re
Fxstreet
Fri, Sep 5
USD/CAD Price Forecast: Tests confluence support zone around 1.3800, nine-day EMA
USD/CAD trades around 1.3810 during the Asian hours on Friday, halting its four-day winning streak. The technical analysis of the daily chart suggests that the pair moves sideways within an ascending channel pattern, indicating that market sentiment is bullish.
Fxstreet
Fri, Sep 5
EUR/CAD edges higher above 1.6100 ahead of Canadian employment data
The EUR/CAD pair extends its winning streak for the third trading day on Friday, and trades marginally higher to near 1.6115 during the late Asian trading session. The pair ticks up ahead of the Canadian labor market data for August, which will be published at 12:30 GMT.
Fxstreet
Fri, Sep 5
AUD/JPY Price Forecast: Keep bullish vibe above 96.50
The AUD/JPY cross trades with mild losses near 96.75 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) after US President Donald Trump signed an executive order on Thursday to lower Japanese auto import tariffs.
Fxstreet
Fri, Sep 5
Silver Price Forecast: XAG/USD attracts some buyers to near $41.00 as US NFP data looms
The Silver price (XAG/USD) attracts some buyers near $40.85 during the Asian trading hours on Friday, bolstered by the weaker US Dollar (USD). The white metal receives support from the prospect of the US Federal Reserve (Fed) rate cut this year.Fxstreet
Fri, Sep 5
EUR/USD rises above 1.1650 ahead of Q2 Eurozone GDP data
EUR/USD trades around 1.1670 during the Asian hours on Friday, after recovering losses registered in the previous session. The pair appreciates as the Euro (EUR) gains ground ahead of the Eurozone Gross Domestic Product (GDP) for the second quarter.Fxstreet
Fri, Sep 5
Japanese Yen rises on strong data, USD pressured by Fed rate cut bets ahead of US NFP
The Japanese Yen (JPY) strengthened against its American counterpart during the Asian session on Friday in response to upbeat domestic data, which showed that real wages turned positive for the first time in seven months.
Fxstreet
Fri, Sep 5
Australian Dollar appreciates as US Dollar weakens on Fed rate cut bets
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Friday, retracing its recent losses registered in the previous session. The AUD/USD pair appreciates as the US Dollar struggles amid softer-than-expected United States (US) job data.Fxstreet
Fri, Sep 5
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