Page 114 - Urrencies News Today

The USD/JPY began the Asian session almost unchanged, exchanging hands at around 149.55 after the pair reached a weekly low of 147.15 on Tuesday, but buyers stepping in lifted the pair toward the current exchange rates.

The AUD/USD rose on Thursday during a quiet session with US markets closed, supported by a weaker US Dollar.

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1151 as compared to the previous day's fix of 7.1212 and 7.1440 Reuters estimates.

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The Euro gains further momentum against the US Dollar, prompting EUR/USD to build on Thursday’s gains beyond 1.0900 the figure at the end of the week.

The GBP/JPY cross rises to over a one-week high during the Asian session on Friday, albeit struggles to capitalize on the move and attracts some intraday selling near the 187.65 region.

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EUR/USD closed the second consecutive in negative territory on Thursday but managed to stabilize above 1.0900 early Friday.

The NZD/USD pair edges higher for the second successive day on Friday, albeit lacks bullish conviction and remains below its highest level since August 10 touched earlier this week.

Here is what you need to know on Friday, November 24: Action in financial markets turned subdued on Thursday as trading conditions remained thin on Thanksgiving Day.