EUR/USD closed well below 1.1312 on Friday, confirming a bearish inside day reversal and was last seen trading at 1.1303, slightly above the 1.13 mark.
GBP/USD is taking the bids near 1.3135, with the pair on a recovery mode since Thursday-end as EU leaders finally agreed over the Brexit deadline extension with the two-factor system giving unconditional stretch till April 12.
USD/JPY stretched its downward trajectory forward as the US Dollar remained on back-foot against most of its counterparts following the Federal Reserve meeting.
USD/JPY reversed an early dip to 111.25 area and spiked to fresh weekly tops during the Asian session, although retreated few pips thereafter.
EUR/USD is recovering from yesterday’s pullback on the back of the renewed softer tone surrounding the Dollar and posts decent gains around 1.1320.
USD/JPY caught some fresh bids during the Asian session on Thursday and climbed to weekly tops, just above mid-111.00s in the last hour.