The AUD/JPY cross attracts sellers for the third successive day on Friday and plummets to a nearly two-week low, around the 92.30 region during the Asian session.
USD/CHF extends its losing streak for the third successive session, trading around 0.8070 during the Asian hours. The pair has recorded a two-month low of 0.8056 as the Swiss Franc (CHF) receives support from increased safe-haven demand amid escalating tensions in the Middle East.
The Japanese Yen (JPY) stalls its intraday retracement slide from over a one-week high against the rebounding US Dollar (USD) amid a combination of supporting factors.
The White House published a statement on Friday, stating that US President Donald Trump will convene a meeting of the National Security Council in the White House situation room later in the day at 15 GMT to discuss the Israel attacks on Iran.
The Gold Price (XAU/USD) rises to over five-month highs near $3,425 during the Asian trading hours on Friday. Rising geopolitical tensions in the Middle East and rising bets on Federal Reserve (Fed) rate cuts provide some support to the precious metal.
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1772 as compared to the previous day's fix of 7.1803 and 7.1685 Reuters estimate.
Israel's Prime Minister (PM) Benjamin Netanyahu said on Friday that Israel struck at the heart of Iran's nuclear enrichment program and nuclear weaponization program.
The NZD/USD pair trades in negative territory near 0.6065 during the early Asian session on Friday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as losses in equity markets dampened risk sentiment.
A range of imported household appliances, including dishwashers, washing machines, refrigerators, and more will be subject to US President Donald Trump’s expanded steel tariffs starting later this month, per Reuters.
The Wall Street Journal (WSJ) reported late Thursday that Israel is prepared to attack Iran in the coming days if Tehran rejects a US proposal to limit its nuclear program, citing US and Israeli officials.
The USD/CAD pair edges lower to near 1.3600, its lowest since October 2024, during the early Asian session on Friday. Broad US Dollar (USD) weakness, driven by softer-than-expected US inflation data and a repricing of Federal Reserve (Fed) policy, acts as a headwind for the pair.
AUD/JPY retreated for the second consecutive day, remained below the 94.00 figure, and printed losses of 0.25% on Thursday. At the time of writing, the cross-pair trades at 93.66, virtually unchanged.
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