GBP/USD treads water above 1.3150 as Fed rate cuts climb

GBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday. The pair holds ground as the US Dollar (USD) struggles amid improving Federal Reserve (Fed) rate cut bets.

Japanese Yen struggles to build on stronger Tokyo CPI-led gains amid BoJ uncertainty

The Japanese Yen (JPY) remains on the front foot against a flattish US Dollar (USD), though it lacks bullish conviction and remains within striking distance of the lowest level since February, touched the previous day.

USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets

The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China.

EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday

The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day.

Australian Dollar loses ground after mixed China's NBS PMI data release

AUD/USD remains subdued for the third successive session, trading around 0.6550 during the Asian hours on Friday. The pair moves little following the release of China’s NBS Purchasing Managers’ Index (PMI) data.