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Silver Price Forecast: XAG/USD slips below $64.00 on profit taking
Silver price (XAG/USD) extends its losses for the second consecutive day, trading around $63.50 per troy ounce during the Asian hours on Friday.
WTI regains ground near $80 amid continued energy supply risks
West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% higher around $81.40 during the early European trading session on Friday.
AUD/JPY Price Forecast: Weakens to near 112.50, near-term outlook remains bearish
The AUD/JPY cross trades in negative territory around 112.55 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as traders remain on high alert for further currency intervention from Japanese authorities.Â
Indian Rupee flattens, awaiting fresh remarks on Hormuz future
The Indian Rupee (INR) trades flat at around 95.40 against the US Dollar (USD) on Friday. The USD/INR pair consolidates as investors seek fresh cues regarding the reopening of the Strait of Hormuz, a vital passage to almost one-fifth of global energy supply, which is keeping oil prices higher.
United States Dollar Index weakens as cooling US inflation eases Fed rate hike odds
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the second successive day, trading around 99.90 during the Asian hours on Friday.
British Pound strengthens to near 1.3500 as Fed rate hike bets ease
The GBP/USD pair gathers strength to near 1.3495 during the early European trading hours on Friday.
USD/JPY Price Forecast: Bulls cautious below 159.50, 50% Fibo. caps upside on soft USD
The USD/JPY pair trades with a mild negative bias below mid-159.00s during the Asian session on Friday, though it remains close to a nearly two-week high touched the previous day.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
EUR/JPY Price Forecast: Holds ground near 184.00, 50-day EMA
EUR/JPY remains flat after registering minor gains in the previous day, trading around 183.90 during the Asian hours on Friday. The currency cross is holding above the short-term nine-period Exponential Moving Average (EMA) but remaining capped by the medium-term 50-period EMA.
Euro gains as receding Fed hike bets weigh on USD; geopolitical risks cap upside
The EUR/USD pair attracts some follow-through buyers during the Asian session on Friday and looks to build on the previous day's modest bounce from the vicinity of the 1.1500 psychological mark, or an over one-week low.
Indonesian Rupiah holds ground ahead of President Prabowo’s 2027 budget address
USD/IDR loses ground after three days of losses, trading around 17,880 during the Asian hours on Friday. Traders remain cautious ahead of President Prabowo Subianto’s 2027 budget address to parliament later in the day.
Gold recovers intraday losses as reduced Fed hike bets offset geopolitics and weigh on USD
Gold (XAU/USD) finds decent support ahead of the $4,300 mark and recovers a major part of its intraday losses during the first half of the European session on Friday.
Silver Price Forecast: XAG/USD extends correction as energy supply concerns remain intact
Silver price (XAG/USD) is down 1% to near $63.80 during the Asian trading session on Friday.