Short-term outlook: Neutral to USD-positive
Current risk aversion across markets typically supports the US dollar in uncertain conditions.
Major pairs (like EUR/USD, GBP/USD) may trade with tighter ranges if markets are quiet during the weekend, unless unforeseen economic data or geopolitical news breaks.
What this means for the weekend:
Expect consolidation in major FX pairs with slight strength in safe-haven currencies (USD, JPY, CHF).
Emerging market currencies could remain pressured if global risk sentiment stays cautious.