Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

EUR/USD struggles to build on recent rebound, holds above 1.1550

EUR/USD trades marginally lower on the day but manages to hold above 1.1550 in the American session, following Thursday's rebound. The pair edges down as the US Dollar rebounds slightly as investors cling to a cautious stance amid mixed headlines surrounding the conflict in the Middle East.

GBP/USD retreats below 1.3400 as USD recovers

GBP/USD stays under modest bearish pressure and trades slightly below 1.3400 in the second half of the day on Friday. The renewed USD strength doesn't allow the pair to gain traction as investors adopt a cautious stance while awaiting headlines surrounding the US-Iran war.

Gold retreats from session-high, tests $4,200

After rising more than 3% on Thursday, Gold (XAU/USD) continued to edge higher but failed to gather momentum on Friday, returning to $4,200 region in the American session. The US Dollar rebounds following the recent selloff as investors remain sceptical about a resolution in the Middle East conflict, capping XAU/USD's upside.