FxAnalysis

United States (US) President Donald Trump told Fox Business Network on Friday that a 100% tariff would not be sustainable and added that they have to have a fair deal with China.

The NASDAQ 100 continues to face strong resistance at the 25,000 level, with market momentum hinging on the performance of the Magnificent 7 tech stocks.

The US dollar is finding support near the 0.80 level against the Swiss franc, with traders watching risk sentiment and interest rate differentials for the next move.

The AUD/USD pair attracts heavy selling for the second consecutive day on Friday and drops back closer to its lowest level since early August, around the 0.6445-0.6440 region, touched earlier this week.

EUR/USD stretched its weekly rally into a third consecutive day on Thursday and continued to push higher early Friday. After touching its strongest level in over a week near 1.1730, the pair corrected lower and was last seen fluctuating at around 1.1700.

The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.