Daily market news

USD/JPY has pulled back to support from a major trendline for the long-term uptrend at about 152.55.

The Pound Sterling dropped from around 1.2980 on Friday as the Greenback recovered some ground following Thursday’s losses.

Silver price (XAG/USD) resumes its downside move after its recovery move met resistance near $32.20 in the North American session on Friday.

The Euro (EUR) rebounded overnight but continued to trade near recent lows.

The USD/JPY pair falls further to near 152.00 in European trading hours on Friday.

EUR/USD faces selling pressure near the key resistance of 1.0800 in European trading hours on Friday.

Instead of continuing to advance, the Pound Sterling (GBP) is more likely to trade sideways between 1.2930 and 1.3010.

The AUD/USD pair fails to capitalize on the previous day's strong move-up to the 0.6700 neighborhood, or a two-week top and retreats from the vicinity of the 100-day Simple Moving Average (SMA) resistance.

The EUR/GBP cross remains on the defensive around 0.8310 on Friday during the early European trading hours.

The USD/CAD pair gains ground to near 1.3880 during the Asian trading session on Friday.