Here is what you need to know on Friday, September 29: The US Dollar (USD) struggles to find demand early Friday after registering losses against its
reversed its direction and closed in negative territory on Thursday after climbing above 149.50. The pair stays relatively quiet early Friday and trades slightly above 149.00. Japanese Finance Minister Shun'ichi Suzuki repeated that they are watching the moves in foreign exchange markets carefully and added that they remain prepared to take appropriate action against excessive moves. In the meantime, the data from Japan showed that the Tokyo Consumer Price Index rose 2.
stays in negative territory slightly below 1.3500. The Canadian economy is expected to register a monthly growth of 0.1% following the 0.2% contraction recorded in June.declined sharply for the fourth straight day on Thursday and touched its lowest level since early March below $1,860. With US T-bond yields starting to retreat, XAU/USD managed to stage a rebound and was last seen trading near $1,870.
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