The New Zealand Dollar (NZD) is likely to trade sideways between 0.6065 and 0.6115.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
The Australian Dollar (AUD) is likely to trade in a range, probably between 0.6625 and 0.6675, UOB Group FX strategists suggest.
Gold (XAU/USD) edges marginally lower, trading in the $2,320s on Friday, ahead of the main economic data event for the week, the US Personal Consumption Expenditures (PCE) – Price Index for May.
Italy Consumer Price Index (EU Norm) (YoY) meets forecasts (0.9%) in June
Italy Consumer Price Index (YoY) came in at 0.8% below forecasts (1%) in June
Italy Consumer Price Index (MoM) below expectations (0.2%) in June: Actual (0.1%)
Italy Consumer Price Index (EU Norm) (MoM) meets forecasts (0.2%) in June
Greece Producer Price Index (YoY) dipped from previous -1% to -1.4% in May
Greece Retail Sales (YoY) declined to -6.3% in April from previous 5.2%
The Pound Sterling (GBP) is expected to trade between 1.2620 and 1.2670.
USD/CAD continues to gain ground for the fourth consecutive day, trading around 1.3710 during the European session on Friday.
Polls declared former President Trump the winner immediately after the US presidential debate.
The Euro (EUR) is likely to trade in a range of 1.0685/1.0730 and remain under pressure.
Spain Current Account Balance declined to €2.83B in April from previous €3.29B
Italy Industrial Sales n.s.a. (YoY): -2% (April) vs -5.1%
Italy Industrial Sales s.a. (MoM) rose from previous -2.9% to 0.8% in April
The USD/JPY pair prints a fresh multi-decade high at 161.28, its highest since 1986, on Friday.
Germany Unemployment Rate s.a. above forecasts (5.9%) in June: Actual (6%)
Germany Unemployment Change came in at 19K, above expectations (15K) in June
The Pound Sterling (GBP) trades subdued against the US Dollar (USD) in Friday’s London session.
Here is what you need to know on Friday, June 28: The US Dollar Index holds steady at around 106.00 early Friday, fluctuating near the multi-week high it set this week.
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi reiterated on Friday, noting that he “will take appropriate steps on excessive FX moves.“ Additional quotes Won't comment on forex levels.
Austria Producer Price Index (YoY) rose from previous -4.8% to -3.5% in May
Austria Producer Price Index (MoM): 0.1% (May) vs -0.1%
Turkey Trade Balance in line with forecasts (-6.5B) in May
Spain Harmonized Index of Consumer Prices (MoM) in line with expectations (0.3%) in June
Spain Consumer Price Index (MoM) above expectations (0.2%) in June: Actual (0.3%)
Spain Consumer Price Index (YoY) registered at 3.4% above expectations (3.3%) in June
Spain Harmonized Index of Consumer Prices (YoY) above forecasts (3.4%) in June: Actual (3.5%)
France Consumer Price Index (EU norm) (MoM) meets forecasts (0.1%) in June
France Consumer Price Index (EU norm) (YoY) in line with forecasts (2.5%) in June
France Consumer Spending (MoM) came in at 1.5%, above forecasts (0.1%) in May
France Producer Prices (MoM) up to -1.4% in May from previous -2.8%
United Kingdom Current Account below expectations (£-17.6B) in 1Q: Actual (£-20.995B)
United Kingdom Gross Domestic Product (YoY) above forecasts (0.2%) in 1Q: Actual (0.3%)
Germany Import Price Index (MoM) came in at 0% below forecasts (0.2%) in May
United Kingdom Gross Domestic Product (QoQ) above forecasts (0.6%) in 1Q: Actual (0.7%)
United Kingdom Total Business Investment (YoY) came in at -1%, below expectations (-0.6%) in 1Q
United Kingdom Total Business Investment (QoQ) came in at 0.5% below forecasts (0.9%) in 1Q
Germany Import Price Index (YoY) came in at -0.4% below forecasts (-0.3%) in May
South Africa Private Sector Credit rose from previous 3.9% to 4.26% in May
Sweden Trade Balance (MoM): 11.9B (May) vs 7.9B
United Kingdom Current Account below forecasts (£-17.6B) in 1Q: Actual (£-21B)
The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
EUR/USD retraces its gains registered in the previous session, trading around 1.0690 during the Asian hours on Friday.
Gold prices fell in India on Friday, according to data compiled by FXStreet.
FX option expiries for June 28 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0650 2.5b 1.0670 2.1b 1.0695 1.4b 1.0715 1.8b 1.0725 1.9b 1.0775 962m 1.0800 897m - GBP/USD: GBP amounts 1.2645 914m 1.2650 614m - USD/JPY: USD amounts 158.00 2.5b 158.50 806m 159.00 772m 159.50 1.7b 160.00 2.6b 160.25 1.1b 160.50 760m - USD/CHF: USD amounts 0.8995 440m - AUD/USD: AUD amounts 0.6620 516m - USD/CAD: USD amounts 1.3700 478m 1.3730 661m .
The Indian Rupee (INR) extends its gains for the second successive session during the Asian hours, which could be attributed to the expectations of foreign inflows.
Japan Housing Starts (YoY): -5.3% (May) vs previous 13.9%
Japan Annualized Housing Starts declined to 0.81M in May from previous 0.88M
Japan Construction Orders (YoY) down to 2.1% in May from previous 26.4%
The NZD/USD pair comes under some renewed selling pressure following the previous day's brief pause and dives to its lowest level since mid-May during the Asian session on Friday.
The GBP/USD pair extends the overnight late pullback from the 1.2670 region and trades with a mild negative bias during the Asian session on Friday.
West Texas Intermediate (WTI) crude Oil price extends gains for the third successive session, trading near $81.80 during the Asian session on Friday.
The USD/CAD pair catches fresh bids following the previous day's good two-way price moves and spikes to a one-and-half-week high during the Asian session on Friday.
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Friday, which could be attributed to the dovish comments from the Reserve Bank of Australia’s (RBA) Deputy Governor Andrew Hauser.
Japanese Finance Minister Shunichi Suzuki said on Friday that he is “deeply concerned about excessive, one-sided moves on forex.
The US Dollar (USD) attracts fresh buyers following the previous day's softer US macro data-inspired downfall and climbs to a fresh two-month peak during the Asian session on Friday.
Gold price (XAU/USD) registered strong gains of over 1% on Thursday and snapped a two-day losing streak to a two-week low touched the previous day.
The first US presidential debate between President Joe Biden and Republican Presidential Nominee Donald Trump began on CNN News.
USD/JPY trades around 161.00, the highest level since 1986, during the Asian session on Friday.
Australia Private Sector Credit (YoY) remains at 5.2% in May
Australia Private Sector Credit (MoM) meets forecasts (0.4%) in May
The People’s Bank of China (PBOC) set the USD/CNY central rate on Friday at 7.1268, as against the previous day's fix of 7.1270 and 7.2727 Reuters estimates.
Japan Industrial Production (YoY) increased to 0.3% in May from previous -1.8%
Japanese Tokyo Consumer Price Index (CPI) inflation rose to 2.3% over the year ended in June compared to the previous period's 2.2%.
Japan Industrial Production (MoM) above forecasts (2%) in May: Actual (2.8%)
Japan Tokyo CPI ex Food, Energy (YoY): 1.8% (June) vs previous 2.2%
Japan Tokyo Consumer Price Index (YoY): 2.3% (June) vs 2.2%
Japan Unemployment Rate in line with forecasts (2.6%) in May
Japan Tokyo CPI ex Fresh Food (YoY) registered at 2.1% above expectations (2%) in June
Japan Jobs / Applicants Ratio came in at 1.24, below expectations (1.26) in May
EUR/USD found a thin bid on Thursday, but the pair continues to grind into the midrange near the 1.0700 handle as half-hearted bidders shuffle their feet ahead of Friday’s key US inflation print.
GBP/USD waffled on Thursday, churning in empty yet familiar chart paper between long-term moving averages, with price action sandwiched between the 1.2700 and 1.2600 handles.
South Korea Service Sector Output dipped from previous 0.3% to -0.5% in May
South Korea Industrial Output Growth below expectations (0.2%) in May: Actual (-1.2%)
South Korea Industrial Output (YoY) came in at 3.5%, above expectations (3.1%) in May
GBP/JPY tapped a fresh 16-year high of 203.39 on Thursday as the Yen continues ot get pushed lower across the board.
Silver price stages a comeback on Thursday and erases yesterday’s losses of 0.46%.