Japanese Yen loses ground after Bank of Japan policy meeting

The Japanese Yen (JPY) edges lower as the Bank of Japan (BoJ) maintains its interest rate at 0% at Friday's meeting.

ECB’s Centeno: Disinflation process to resume after August

European Central Bank (ECB) Governing Council member Mario Centeno said Friday that “the disinflation process will resume after August.” Additional comments Some recovery in real wages is inevitable.

Mexican Peso recovery falters after traders shrug off Banxico’s intervention warning

The Mexican Peso (MXN) trades between half a percent and over one percent lower in its most traded pairs on Friday as markets continue to fret about the proposed policies of Mexico’s newly elected left-wing government.

US Dollar stretches higher ahead of Michigan numbers

The US Dollar (USD) cuts through markets on Friday as traders flee out of the Japanese Yen (JPY) and the Euro (EUR). The renewed strength in the Greenback comes as sovereign bond yields in some countries in the Eurozone, particularly France, are

Gold trades in a range following mixed signals from US economy

Gold (XAU/USD) trades marginally higher, exchanging hands in the $2,330s on Friday. Asian bourses lacked directionality overnight and mixed signals from the US regarding the future path of interest rates – a key driver for Gold – are doing little to help establish directionality for the precious metal.

Natural Gas playing a close call to close above $3.0 ahead of the weekend

Natural Gas price (XNG/USD) recovers slightly on Friday after briefly dipping lower and briefly breaking below the $3.0 figure on Thursday. The risk for more downside comes with the political turmoil in Europe, particularly in France, that is causing

US Dollar closes the week strong despite weak UoM figures

On Friday, the US Dollar Index (DXY) shrugged off weak data releases and continued its positive traction.

Dow Jones Industrial Average scrambles to recovery lost ground on Friday but still ends lower

The Dow Jones Industrial Average (DJIA) climbed from an early low on Friday, but sill traded on the low side of Thursday’s closing bids after getting knocked further back during the overnight session.

Canadian Dollar grinds flat on Friday after mild miss in Canadian sales figures

The Canadian Dollar (CAD) found a thin recovery on Friday, gaining ground against most of its major currency peers and clawing back a scant tenth of a percent against the US Dollar (USD).

Australian Dollar closes the week soft as markets gear up for RBA's decision

The Australian Dollar (AUD) experienced additional losses against the US Dollar (USD) despite strong labor market data from Australia reported earlier in the week, which prompted for a more hawkish Reserve Bank of Australia (RBA).