The Friday session showed a mixed performance for the US Dollar against major currencies like the EUR/USD, USD/JPY, and AUD/USD. The outlook for these currency pairs remains uncertain as traders grapple with various economic factors.
The EUR/USD pair saw some volatility during the session, with the Euro showing some strength against the US Dollar. However, the overall trend for the pair remains uncertain as investors await further economic data to provide clarity.
Meanwhile, the USD/JPY pair also experienced a mixed session, with the Japanese Yen showing some resilience against the US Dollar. The ongoing trade tensions between the US and China continue to weigh on the pair, keeping it range-bound for now.
The AUD/USD pair also saw some mixed movements during the session, with the Australian Dollar struggling to gain momentum against the US Dollar. The pair remains vulnerable to shifts in market sentiment and economic data releases.
Overall, the US Dollar’s performance in Friday’s session was mixed against major currencies, with uncertainty prevailing in the forex market. Traders will be closely watching economic developments and geopolitical events for further direction in the coming sessions.