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EUR/USD consolidates near highs as investors ramp up bets for Fed rate cuts
The EUR/USD pair appreciates for the seventh consecutive day but remains capped below the nearly four-year high at 1.1745 reached on Thursday.
EUR/USD
Fxstreet
Jun 27, 2025
Forex Today: US Dollar weakness continues ahead of inflation data
Here is what you need to know on Friday, June 27:
Fxstreet
Jun 27, 2025
USD/MXN extends losses and nears the 11-month low, at 18.82
The Mexican Peso is trading with marginal gains on Friday, appreciating for the fifth consecutive day and on track to a 2.4% weekly rally as the US Dollar weakness has offset the impact of a 50 bps rate cut by the Bank of Mexico.
USD/MXN
Fxstreet
Jun 27, 2025
NZD/USD holds steady above 0.6050 after news of progressing US-China trade talks
NZD/USD continues its winning streak for the fifth consecutive session, trading around 0.6070 during the European hours on Friday. The pair gained ground as the US Dollar (USD) struggled due to renewed concerns over the US Federal Reserve’s (Fed) independence.
NZD/USD
Fxstreet
Jun 27, 2025
EUR/JPY Price Forecast: Flirt with 169.25-169.30 hurdle; seems poised to appreciate further
The EUR/JPY cross reverses an intraday dip to the 168.65-168.60 region and climbs to the top end of its daily range during the early part of the European session on Friday.
EUR/JPY
Fxstreet
Jun 27, 2025
Pound Sterling trades firmly against US Dollar amid Fed’s independence risks
The Pound Sterling (GBP) holds onto gains near a fresh three-year high around 1.3770 against the US Dollar (USD) during European trading hours on Friday.
GBP/USD
Fxstreet
Jun 27, 2025
EUR/GBP weakens to near 0.8500 ahead of Eurozone Consumer Confidence
The EUR/GBP cross loses traction to near 0.8515 during the early European session on Friday. The Pound Sterling (GBP) strengthens against the Euro (EUR) despite growing concerns over the UK labor market and a slight slowdown in consumer inflation expectations.
EUR/GBP
Fxstreet
Jun 27, 2025
France Consumer Price Index (EU norm) (YoY) above expectations (0.7%) in June: Actual (0.8%)
France Consumer Price Index (EU norm) (YoY) above expectations (0.7%) in June: Actual (0.8%)
EUR/USD
Fxstreet
Jun 27, 2025
France Consumer Price Index (EU norm) (MoM) came in at 0.4%, above forecasts (0.2%) in June
France Consumer Price Index (EU norm) (MoM) came in at 0.4%, above forecasts (0.2%) in June
EUR/USD
Fxstreet
Jun 27, 2025
France Producer Prices (MoM): -0.8% (May) vs -4.3%
France Producer Prices (MoM): -0.8% (May) vs -4.3%
EUR/USD
Fxstreet
Jun 27, 2025
USD/CAD Price Forecast: Remains subdued around 1.3650 due to persistent bearish bias
The USD/CAD pair remains steady after registering over 0.50% losses in the previous session, trading around 1.3650 during the Asian hours on Friday.
USD/CAD
Fxstreet
Jun 27, 2025
GBP/JPY Price Forecast: Gains momentum to near 198.50, bullish outlook remains intact
The GBP/JPY cross gains ground to around 198.40 during the early European session on Friday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) due to improved risk sentiment.
GBP/JPY
Fxstreet
Jun 27, 2025
Silver Price Forecast: XAG/USD falls to near $36.50 despite renewed risk aversion
Silver price (XAG/USD) edges lower after registering gains in the previous two sessions, trading around $36.50 per troy ounce during the Asian hours on Friday.
Silver
Fxstreet
Jun 27, 2025
USD/CHF trades cautiously near 0.8000 as US Dollar struggles to gain ground
The USD/CHF pair trades with caution near an over-a-decade low around 0.8000 during the Asian session on Friday.
USD/CHF
Fxstreet
Jun 27, 2025
AUD/JPY Price Forecast: Edges higher in a multi-week-old range, up a little above mid-94.00s
The AUD/JPY cross trims a part of modest Asian session gains to the 94.85 region, or the highest level since May 14, though it retains the positive bias amid mixed cues. Spot prices currently trade around the 94.60 area, up less than 0.10% for the day.
AUD/JPY
Fxstreet
Jun 27, 2025
USD/INR refreshes two-week low amid uncertainty over Fed’s autonomy, tariff deadline
The Indian Rupee (INR) posts a fresh two-week high against the US Dollar (USD) at open on Friday.
US Dollar Index
Fxstreet
Jun 27, 2025
GBP/USD holds positive ground above 1.3700, all eyes on US PCE release
The GBP/USD pair holds positive ground near 1.3735 during the Asian trading hours on Friday. The prospect of Trump announcing the next Fed Chair weighs on the US Dollar (USD) against the Pound Sterling (GBP).
GBP/USD
Fxstreet
Jun 27, 2025
EUR/USD trades around 1.1700, maintains position near four-year highs
EUR/USD extends its winning streak that began on June 18, trading around 1.1700 during the Asian hours on Friday. The EUR/USD pair continues to gain ground as the US Dollar (USD) faces challenges due to renewed concerns over the US Federal Reserve’s (Fed) independence.
EUR/USD
Fxstreet
Jun 27, 2025
EUR/JPY holds position below 169.00 following Tokyo Consumer Price Index data
EUR/JPY remains subdued for the second successive session, trading around 168.90 during the Asian hours on Friday. The currency cross holds little losses following the release of the Tokyo Consumer Price Index (CPI) data.
EUR/JPY
Fxstreet
Jun 27, 2025
Japanese Yen reverses softer Tokyo CPI-inspired intraday losses
The Japanese Yen (JPY) weakened across the board during the Asian session on Friday in reaction to data showing that consumer inflation in Tokyo slowed sharply in June. Adding to this, Japan's Retail Sales recorded growth for the 38th consecutive month, though at the slowest pace since February.
USD/JPY
Fxstreet
Jun 27, 2025
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