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EUR/USD retreats from two-week high as Trump tones down tariff threats
The Euro (EUR) weakens against the US Dollar (USD) on Friday, snapping a three-day winning streak as the Greenback finds renewed strength after US President Donald Trump softened his rhetoric on US-China trade tensions.

USD/CHF extends losses amid trade tensions, Fed easing expectations
USD/CHF extends its losing streak for the fourth consecutive day, hitting a new one-month low at 0.7873 on Friday, before cutting losses following US President Donald Trump's comments on the trade dispute with China.

GBP edges off earlier high - Scotiabank
Stronger industrial sector activity reflected in UK data earlier this week helped lift the Pound Sterling (GBP) after spot found firm support in the mid-1.32 area, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

EUR off earlier peaks above 1.17 - Scotiabank
Euro (EUR) gains extended to the low 1.17 area overnight before easing back modestly but the broader backdrop of trade, rate and sentiment challenges for the USD as well as hopes that US pressure for an end to the Ukraine war as Trump/Putin plan to meet in Budapest are all combining to lift the EUR

CAD holds range as weak risk appetite counters spread narrowing - Scotiabank
The Canadian Dollar (CAD) is little changed on the session at writing but spot did pop briefly higher in overnight trade before edging back to the lower end of the trading range seen over the past few sessions, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

USD mixed, havens bid on US regional bank concerns - Scotiabank
The US Dollar (USD) is mixed to softer overall and heading for a close on the week overall that may be weak enough to point to a halt in the DXY's rebound since mid-September, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

US President Trump: We have to have a fair deal with China
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.

Silver Price Forecast: XAG/USD eases from record highs, bulls defend $53.00 support
Silver (XAG/USD) is taking a breather on Friday, snapping a two-day winning streak after refreshing a new all-time high near $54.86 on Thursday. At the time of writing, the white metal is trading around $53.20, down over 1.80% on the day and easing from the intraday high of $53.68.

Gold steadies below record highs amid Fed easing bets and global risk aversion
Gold (XAU/USD) is on a record-breaking spree, hitting yet another all-time high near $4,380 on Friday as investors seek a reliable store of value amid geopolitical, economic and fiscal uncertainty.

WTI recovers after multi-month low, geopolitical easing, Fed rate cut hopes lift Oil
West Texas Intermediate (WTI) US Oil rebounds on Friday to around $57.00 after reaching a new low since May earlier in the day at $56.15. The market is attempting to stabilize after a volatile week marked by mixed signals between geopolitical easing and supply excess.

USD/JPY claws back early losses and rebounds to near 150.20 as US Dollar recovers
The USD/JPY pair recovers its early losses and rebounds to near 150.20 during the late European trading session on Friday. The pair bounces back as the US Dollar (USD) licks its wounds despite uncertainty over trade relations between the United States (US) and China remaining intact.

NZD/USD treads water above 0.5700, as the risk-off mood holds bulls
The New Zealand Dollar recovery attempt from six-month lows at 0.5685 has remained limited at the lower range of the 0.5700s, which leaves the pair practically unchanged on the week, and the broader bearish trend intact.The Kiwi has been unable to take advantage of the US Dollar weakness, weighed do

Trump expects expansion of Abraham Accords - Fox Business
United States (US) President Donald Trump said in an interview with Fox Business on Thursday that he expects an expansion of Abraham Accords soon.

ECB Šimkus: Warns of downside risks to both inflation and growth
European Central Bank (ECB) policymaker and Chairman of the Board Bank of Lithuania Gediminas Šimkus said in Friday's European session that risks to both inflation and growth have tilted to the downside.

USD/CNH has a chance to drop to 7.1130 - UOB Group
Downward momentum continues to increase, and there is scope for US Dollar (USD) to test 7.1130. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/JPY: Odds of USD breaking clearly below 149.50 are increasing - UOB Group
Risk for US Dollar (USD) remains on the downside; oversold conditions suggest any decline may not reach 149.50. In the longer run, the odds of USD breaking clearly below 149.50 are increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Chilean Copper producer raises premium due to supply shortage - Commerzbank
According to reports, Chile's largest Copper mine producer plans to significantly increase its premium for key European customers, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

NZD/USD: Likely to consolidate in a range of 0.5705/0.5750 - UOB Group
New Zealand Dollar (NZD) is likely to consolidate in a range of 0.5705/0.5750. In the longer run, the outlook for NZD is neutral now, and it is likely to trade in a range between 0.5685 and 0.5770, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Copper: Chinese companies want to increase metal exports - Commerzbank
According to Bloomberg reports, Chinese smelters are taking advantage of the current high world market prices and want to increase their exports, which is likely to have contributed to the recent decline in Copper and Zinc prices, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

Gold Price Forecast: XAU/USD consolidates gains above $4,300
Gold has pulled back on Friday after hitting a fresh all-time high at the $4,380 area, yet with downside attempts contained above $4,300 so far.
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