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News EUR/JPY Price Analysis: The immediate upside barrier is seen near 157.70

The EUR/JPY cross extends its downside near 156.60 during the early European session on Thursday. That being said, the upward revision of economic growth estimates by the Japanese government lifts the Japanese Yen (JPY) and creates a headwind for the EUR/JPY cross.

News Crude Oil continues recovery rebound, WTI reclaims $72.50

West Texas Intermediate (WTI) has recovered additional ground on Thursday, extending a rebound sparked by a dovish pivot from the US Federal Reserve (Fed) on Wednesday that saw a broad-base market sentiment recovery, kicking off recovery rallies in the majority of asset classes and forcing the US Dollar (USD) into fresh lows.

News GBP/USD slips below 1.2600 as the early week's selloff extends into Tuesday

The GBP/USD held mostly flat on Tuesday before seeing a decline below the 1.2600 handle during the American trading session, slipping to a one-week low and shedding a third of a percent on Tuesday.

News EUR/JPY Price Analysis: Retreats from two-week high, back below 162.00

EUR/JPY rally showed some weakness on Monday, with the pair witnessing a two-week high of 163.72, but buying pressure fades as the cross retreats below the 163.00 figure toward the 162.00 handle. At the time of writing, the EUR/JPY pair exchanges hands at 162.73, down by 0.40%.

News WTI holds above four-month low touched on Thursday, seems vulnerable to slide further

West Texas Intermediate (WTI) Crude Oil prices oscillate in a narrow trading band during the Asian session on Friday and consolidate the overnight slump to over a four-month low. The commodity currently trades just above the $73.00/barrel mark and remains on track to register losses for the fourth straight week.

News USD/CHF consolidates near 0.8880 ahead of Swiss Industrial Production

USD/CHF hovers around 0.8880 during the Asian session on Friday. The Swiss Franc (CHF), being a safe-haven currency, is receiving upward support amid prevailing risk-off sentiment in the market. Additionally, the Swiss National Bank (SNB) has expressed its determination to defend the CHF through outright market purchases, adding to the pressure on the USD/CHF pair.

News EUR/USD Price Analysis: Interim contention emerges near 1.0650

EUR/USD faces increasing selling pressure and returns to the sub-1.0700 region afer hitting new highs near 1.0750 at the beginning of the week.

News USD/NOK reversed its course from multi-month highs clearing daily gains

In Thursday’s session, the USD/NOK initially rose to multi-months highs at 11.083 and then closed below 11.000 with 0.45% daily losses. On the one hand, the USD weakened against its rivals as investors sensed a dovish stance of Jerome Powell during his speech at the Economic Club of New York.

News GBP/USD eyes tentative recovery amid economic headwinds, ahead of US NFP data

The British Pound (GBP) is recovering some ground against the US Dollar (USD), though it remains below the 1.2200 figure capped by weaker UK economic data.

News Canadian Dollar steps back up to the plate, holding steady on shared data beats with the US

The Canadian Dollar (CAD) is finding some much-needed support in Thursday trading, swapping with the US Dollar (USD) after both currencies strengthened following economic data releases that “beat the street”.