Daily market news

In Friday's session, the EUR/GBP pair fell slightly by 0.15% to 0.8435, showcasing a negative technical outlook.

The USD/CAD pair trades in a tight range below the round-level resistance of 1.3600 in Friday’s North American session.

Thursday’s ECB policy decision yielded no surprises, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

EUR/GBP bounces off the lower channel line of its shallow rising channel and pushes higher.

USD/JPY fell, driven by decline in the USD leg as expectations for larger Fed cut returned to the table, and was last seen at 140.70, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

EUR/USD rebounded from its critical support level of 1.10 by 0.6% to 1.1074 after the European Central Bank meeting.

EUR/USD jumps to near 1.1100 in Friday’s European session. The major currency pair rises as the Euro (EUR) strengthens following the European Central Bank’s (ECB) monetary policy announcement on Thursday, and the US Dollar (USD) weakens after soft United States (US) Producer Price Index (PPI) data for August.

West Texas Intermediate (WTI) US crude Oil prices struggle to capitalize on a two-day-old recovery move from the lowest level since May 2023 and oscillate in a range around mid-$68.00s through the first half of the European session on Friday.

EUR/GBP recovers intraday losses, trading around 0.8430 during the early European hours on Friday.

Here is what you need to know on Friday, September 13: Following the bullish action seen in the first half of the week, the US Dollar (USD) Index turned south on Thursday and erased all of its weekly gains.