Forex News

Latest news from Forex market.


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USD/CAD Price Forecast: Extends the range play below 200-day SMA, 1.4000 mark

The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors.

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USD/CHF extends downside below 0.8350 on soft inflation reports

The USD/CHF pair extends the decline to around 0.8340 during the early European session on Friday. Soft US producer prices and consumer inflation weigh on the US Dollar (USD).

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Pound Sterling Price News and Forecast: GBP/USD attracts some buyers to near 1.3310 on Friday

The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year.

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EUR/JPY Price Forecast: Tests support zone near 162.50, ascending channel's lower boundary

EUR/JPY extends its losing streak for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within an ascending channel, suggesting a bullish bias is in play.

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Saudi Arabia Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Saudi Arabia on Friday, according to data compiled by FXStreet.

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Philippines Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Philippines on Friday, according to data compiled by FXStreet.

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United Arab Emirates Gold price today: Gold falls, according to FXStreet data

United Arab Emirates Gold price today: Gold falls, according to FXStreet data

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Pakistan Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet.

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India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Friday, according to data compiled by FXStreet.

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Malaysia Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Malaysia on Friday, according to data compiled by FXStreet.

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GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data

The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year.

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EUR/USD rebounds to near 1.1200 ahead of UoM Consumer Sentiment Index release

EUR/USD has recovered its daily losses, trading around 1.1200 during the Asian hours on Friday. The pair receives support as the US Dollar (USD) weakens following the recent economic data released on Thursday.

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Gold price stalls recovery from over one-month low near 200-period SMA on H4

Gold price (XAU/USD) struggles to capitalize on the previous day's strong recovery move from the $3,120 region, or the lowest level since April 10, and attracts some sellers during the Asian session on Friday. The US-China trade truce for 90 days has eased some of the pressure on global markets and is seen as a key factor acting as a headwind for the safe-haven bullion.

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ForexLive Asia-Pacific FX news wrap: Yen ↑ then ↓, Kiwi ↑, Gold ↓↓↓

From Japan today we had preliminary data for Q1 GDP. This was very poor data, showing the tenuous nature of Japan's economic recovery.

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NZD/USD inches higher to near 0.5900 following Q2 RBNZ Inflation Expectations release

NZD/USD halts its two-day losing streak, trading around 0.5890 during the Asian hours on Friday. The pair advances after the release of the Reserve Bank of New Zealand (RBNZ) Inflation Expectations for Q2 2025.

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Silver Price Forecast: XAG/USD hovers near $32.50 amid US ban news on China's chip firms

Silver (XAG/USD) is pulling back from its recent gains seen in the previous session, hovering around $32.50 during Friday's Asian trading hours. The metal is under pressure, possibly due to a Financial Times report indicating that the Trump administration plans to add several Chinese semiconductor companies to its export blacklist, known as the "entity list.

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USDJPY Pulls Back, But Buyers Step In at Key Levels

The US Dollar failed to continue higher above 148.65 and corrected gains against the Japanese Yen. USD/JPY traded below the 148.00 and 147.50 levels.

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USD/INR slumps as lower crude oil prices support Indian Rupee

The Indian Rupee (INR) recovers some lost ground, snapping the three-day losing streak on Friday. A fall in crude oil prices amid reports that the US and Iran are getting closer to a deal on the country's nuclear program provides some support to the INR.

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Gold (XAUUSD) and Silver (XAGUSD) Rebound as Weak US Data Lifts Fed Rate Cut Hopes

Gold and silver prices find support after a strong correction and build positive momentum.

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PBOC sets USD/CNY reference rate at 7.1938 vs. 7.1963 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1938 as compared to the previous day's fix of 7.1963 and 7.2085 Reuters estimate.

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