USD/CAD holds gains above 1.3900 with all eyes on US jobs data

USD/CAD holds gains above 1.3900 with all eyes on US jobs data

The US Dollar (USD) keeps the upper hand against its Canadian counterpart on Friday, trading near 1.3925 at the moment of writing, with the 1.3966 year-to-date high at a relatively short distance. The pair is on track for its third consecutive weekly rally, with the Canadian Dollar (CAD) weighed by the risk-off sentiment stemming from […]

Japanese Yen struggles due to BoJ’s rate hike uncertainty

Japanese Yen struggles due to BoJ’s rate hike uncertainty

USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday. The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) […]

Gathers strength to near 184.00, bullish bias persists above 100-day EMA

Gathers strength to near 184.00, bullish bias persists above 100-day EMA

The EUR/JPY cross gathers strength around 184.15 during the early European session on Friday. Trading volumes are likely to be thin due to the Good Friday holiday. Meanwhile, hawkish remarks from European Central Bank (ECB) policymakers provide some support to the Euro (EUR) against the Japanese Yen (JPY). ECB Governing Council member Francois Villeroy de Galhau said […]