The NZD/USD traded mostly flat on Friday’s session and failed to hold gain which took it to a high around 0.6260 as it then retreated to 0.6240.

In Friday's session, the NZD/JPY continued its climb, propelled by a 0.90% rise to 89.80.

The USD/JPY registers gain for back-to-back days, yet it remains shy of decisively cracking the 144.00 figure despite registering a weekly high of 144.49.

The AUD/USD declined by 0.40% to 0.6790 in Friday's session, pressured by growing expectations of interest rate cuts by the Federal Reserve (Fed).

The Canadian Dollar (CAD) found little underpinning momentum on Friday, and the CAD is poised to wrap up the end of the trading week close to where it started.

The Mexican Peso extended its losing streak against the Greenback to three consecutive days, with the currency set to sustain weekly losses.

In Friday's session, the EUR/GBP pair continued to decline, losing 0.15% to close at 0.8385.

The Pound Sterling registered minimal gains versus the US Dollar during the North American session after reaching a two-and-a-half-year high of 1.3340 on an upbeat retail sales report in the UK.

The NZD/USD pair faces selling pressure above the crucial resistance of 0.6250 in Friday’s North American trading hours.

The USD/CAD pair trades sideways below the crucial resistance of 1.3600 in Friday’s North American session.

GBP/CAD has rallied up to a new high for 2024 and reached the top trendline of a long-term rising channel.

Stronger than expected August Retail Sales (up 1.0% in headline terms versus a 0.4% rise expected) drove the pound to its highest in 2 1/2 years against the USD and the highest in 2 years against the EUR, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

AUD/USD keeps posting green candlesticks as it steadily creeps higher.

EUR/USD retains a firm undertone but EUR has drifted off its best levels of the week as short-term yield spreads correct slightly from the peak seen earlier this week, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

GBP/JPY rises over one-and-a-quarter percentage points on Friday, to trade in the 191.80s, as it builds on considerable gains made throughout the week.

The Canadian Dollar (CAD) is drifting back to very familiar ranges this morning.

The USD/JPY delivers a sharp rally to near 144.00 in Friday’s European session.

USD/CHF is trading within a range which began forming after the August lows.

Upward momentum is building; if the US Dollar (USD) can break above 144.00, it could trigger a stronger recovery towards 145.50, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

EUR/GBP has extended its break out of a rising channel and fallen to the major support level at 0.8385, which lies at the bottom of a broader range for the pair.

The New Zealand Dollar (NZD) is expected to trade in a 0.6200/0.6270 range.

The Pound Sterling's (GBP) rally on yesterday's Bank of England communication looks fully justified.

The AUD/USD pair clings to gains above the round-level support of 0.6800 in Friday’s European session.

The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6780/0.6840.

Having bounced around on yesterday's US initial claims data, EUR/USD is back below the recent highs at 1.1180, ING’s FX strategist Chris Turner notes.

The Pound Sterling (GBP) appears to have enough momentum to test 1.3320 before leveling off.

There is room for the Euro (EUR) to edge higher, but it is unlikely to be able the break the major resistance at 1.1200.

EUR/USD gathers strength, aiming to reclaim the key resistance of 1.1200 in Friday’s European session.

USD/CAD formed a Hanging Man candlestick reversal pattern (blue rectangle on chart below) on Wednesday which suggests more downside is likely for the pair in the near-term.

The Mexican Peso (MXN) is falling in its key pairs on Friday as the currency suffers from political risk premia, the outlook for the domestic economy and as chart technicals favor short-positioning.