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Gold price advances to fresh all-time peak amid tariffs-driven global flight to safety
Gold price (XAU/USD) attracts follow-through buyers for the second consecutive day and climbs to a fresh record high, around the $3,077-3,078 area during the Asian session on Friday.
GBP/USD Price Forecast: Hovers around 1.2950 near nine-day EMA
The GBP/USD pair holds steady after gains in the previous session, hovering around 1.2950 during Friday's Asian trading hours.
USD/INR strengthens ahead of US PCE inflation data
The Indian Rupee (INR) remains weak on Friday, pressured by month-end US Dollar (USD) demand from importers.
EUR/JPY retreats below 163.00 following upbeat Tokyo CPI data
EUR/JPY retraces its recent gains from the previous session, trading around 162.70 during the Asian hours.
Japanese Yen rebounds from multi-week low against USD after stronger Tokyo CPI
The Japanese Yen (JPY) drops to a nearly four-week trough against its American counterpart during the Asian session on Friday amid concerns that US President Donald Trump's trade tariffs could impact key domestic exports.
NZD/USD attracts some sellers below 0.5750 on trade war concerns
The NZD/USD pair remains under selling pressure near 0.5720 during the early Asian session on Friday.
Australian Dollar holds losses as global trade concerns rise over impending US tariffs
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Friday, erasing gains from the previous session.
PBOC sets USD/CNY reference rate at 7.1752 vs. 7.1763 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1752 as compared to the previous day's fix of 7.1763 and 7.2591 Reuters estimate.
WTI drifts higher above $69.50 amid escalating trade war risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 during the early Asian session on Friday.
BoJ Summary of Opinions: Member sees inflation somewhat exceeds expectations
The Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting, with the key findings noted below.
Japan's Tokyo CPI inflation steadies at 2.9% YoY in March
The headline Tokyo Consumer Price Index (CPI) for March rose 2.9% YoY as compared to 2.9% in the previous month, the Statistics Bureau of Japan showed on Friday.
EUR/USD snaps losing streak, but market clouds continue to gather
EUR/USD caught a breather on Thursday, rising by four-tenths of one percent and snapping a six-day losing streak that saw Fiber shed 2% peak-to-trough.
USD/CAD posts modest gains above 1.4300, eyes on US PCE release
The USD/CAD pair posts modest gains near 1.4310 during the late American session on Thursday.
GBP/USD attempts another rebound, but technical ceiling remains
GBP/USD found the gas pedal on Thursday, rallying one-half of one percent and climbing back over 1.2900.
Canadian Dollar pares recent gains as trade war rhetoric heats up
The Canadian Dollar (CAD) shed weight on Thursday, paring away recent gains against the US Dollar (USD) as trade war rhetoric between the US and Canada ramps up.
AUD/JPY Price Analysis: Extends gains toward 95.30 amid overbought momentum
The AUD/JPY pair extended its winning streak on Thursday, advancing toward the 95.30 region after a strong daily performance.
Silver Price Forecast: XAG/USD explodes above $34 on US tariff turmoil
Silver price rallies sharply on Thursday, clears the $34.00 mark as uncertainty about US trade policies, regarding 25% tariffs in all cars, increased appetite for the precious metal.
Fed's Collins: It's inevitable tariffs will increase inflation in the near term
Federal Reserve (Fed) Bank of Boston President Susan Collins noted on Thursday that the Fed's challenge at this point is having to choose between maintaining a tight policy stance, or trying to run ahead of data that might be souring in the future.
Fed's Barkin: Fed waiting for uncertainty to clear before acting
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires on Thursday, warning that incoming economic uncertainty at the hands of the Trump administration's lopsided trade policy will force the Fed into a wait-and-see approach than most investors are hoping for.
NZD/USD Price Analysis: Edges higher toward 0.5740 as bulls cling to short-term momentum
The NZD/USD pair posted mild gains on Thursday, edging higher toward the 0.5740 area after the European session and entering the Asian session on a firmer note.
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