USD/JPY receives upward support due to the rebound in the US Dollar. Former Fed Vice Chair Clarida expects adjustment in the BoJ's approach by early 2024. Fed's hawkish stance on policy rate trajectory provides strength to the US Bond yields. (FXStreet)

In its bi-annual Financial Stability Review (FSR), the Reserve Bank of Australia (RBA) said that global financial stability risks were elevated and growing. Following a two-day rebound, AUD/USD lost its bullish momentum and stabilized at around 0.6350 on the last trading day of the week. (FXStreet)

USD/CAD rose to its highest level since March near 1.3800 on Thursday before staging a downward correction in the Asian session on Friday. Statistics Canada will also release the September labor market data later in the day. (FXStreet)

EUR/USD experiences downward pressure ahead of US data. ECB is expected to maintain its current interest rates; weighing on the Euro. Fed's assertion on monetary policy is contributing to the strength in US Bond yields. (FXStreet)

GBP/USD benefited from broad USD weakness on Thursday and advanced toward 1.2200. Early Friday, the pair fluctuates in a tight channel above 1.2150 amid cautious market stance. (FXStreet)

NZD/USD recovery loses steam and declines to 0.5950 on Friday. The Reserve Bank of New Zealand agreed that rates may need to remain at a restrictive level for a longer time. The US Initial Jobless Claims last week improved to 207K vs. 205K prior. US Nonfarm Payrolls will be a closely watched event on Friday. (FXStreet)

USD/CHF consolidates below 0.9150 ahead of the crucial US employment data. MACD indicates a tepid momentum in the price movement. The 14-day EMA emerges as immediate support, followed by the 0.9100 major level. (FXStreet)

USD/MXN experienced upward support ahead of US employment data. Mexican government altered airport tariffs, which might exert pressure on the MXN. Investors await NFP and earnings data for confirmation post positive data on Thursday. (FXStreet)

USD/INR holds below the 83.20 mark after the Reserve Bank of India (RBI) rate decision. RBI maintained a status quo on rates for the fourth consecutive time at 6.5%. US Initial Jobless Claims improved to 207,000 from 205,000 in the previous week. The US Nonfarm Payrolls will be a closely watched event for traders on Friday. (FXStreet)

EUR/JPY gains momentum near 156.85 ahead of the German data. Germany’s trade surplus came in at €16.6B in August vs. €17.7B prior, above the market expectation. Japan’s Coincident Index for August came in at 114.3 vs. 114.2 prior; Leading Economic Index improved to 109.5 vs.108.2 prior. Traders will monitor the German Factory Orders due later on Friday. (FXStreet)

EUR/GBP loses ground amid Germany’s Factory Orders showed robust performance. BoE’s dovish tone surrounding the interest rate trajectory could undermine the GBP. The varying opinions among ECB officials underscore the challenges facing the Eurozone economy. (FXStreet)

GBP/JPY scales higher for the third straight day and climbs to a multi-day top on Friday. Softer domestic data and a positive risk tone weigh on the JPY and lend some support. Expectations that the BoE is done hiking rates and intervention fears to cap the upside. (FXStreet)

WTI Crude Oil prices drift lower for the third successive day and refresh a one-month low on Friday. Worries that rising interest rates will hamper economic growth and dent fuel demand exert pressure. Expectations that the Oil market will remain tight over the short term do little to lend any support. (FXStreet)

Gold price struggles to capitalize on its modest intraday positive move to the $1,825 area on Friday. Bets for more Fed rate hikes in 2023, elevated US bond yields and a bullish USD continue to weigh. Traders now look forward to the release of the crucial US NFP report for a fresh directional impetus. (FXStreet)

Silver edges higher during the Asian session on Friday, albeit lacks follow-through. The range-bound price action could be categorized as a bearish consolidation phase. The oversold RSI on the daily chart might hold back bears from placing fresh bets. (FXStreet)

Source: FXStreet

Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.