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Forex Today: US Dollar clings to weekly gains as central bank dust settles
Here is what you need to know on Friday, October 31:

When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?
Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for October later on Friday at 10:00 GMT.

Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.07 per barrel, down from Thursday's close at $60.12.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.95 after its previous daily close at $64.00.

USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
USD/CAD extends its gains for the second successive session, trading around 1.3990 during the early European hours on Friday. The technical analysis of the daily chart indicates a price consolidation, with the USD/CAD pair rebounding from the lower boundary of its rectangle pattern.

ECB's Kocher: Projections show us on target for sustained time
European Central Bank (ECB) Governing Council member Martin Kocher said on Friday, "projections show us on target for sustained time."

EUR/USD Price Forecast: Trades cautiously near two-week low around 1.1570
The EUR/USD pair trades with caution near the two-week low around 1.1570 during the early European trading session on Friday.

US Dollar Index hovers around 99.50 due to uncertainty surrounding Fed policy outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady and trading around 99.50 during the Asian hours on Friday.

GBP/USD treads water above 1.3150 as Fed rate cuts climb
GBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday. The pair holds ground as the US Dollar (USD) struggles amid improving Federal Reserve (Fed) rate cut bets.

USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets
The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China.

EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday
The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day.

WTI holds remains subdued around $60.00 due to oversupply concerns
West Texas Intermediate (WTI) Oil price remains subdued for the second successive session, trading around $60.00 per barrel during the Asian hours on Friday.

Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying
The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ).

Silver Price Forecast: XAG/USD trades firmly near $49.00 ahead of speeches from Fed speakers
Silver price (XAG/USD) holds onto gains near Thursday's high around $49.00 during the Asian trading session on Friday. The white metal trades firmly even as traders have trimmed bets supporting another interest rate cut by the Federal Reserve (Fed) this year.

RBNZ's Gai: US tariffs are a negative demand shock to New Zealand
Reserve Bank of New Zealand (RBNZ )Monetary Policy Committee member Prasanna Gai delivered some comments at an event in Melbourne on Friday.

FX option expiries for Oct 31 NY cut
FX option expiries for Oct 31 NY cut at 10:00 Eastern Time via DTCC can be found below.

USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell's comments lowered expectations for further interest rate cuts.

NZD/USD languishes near one-week low, around 0.5735 after China's PMI data
The NZD/USD pair trades with a negative bias for the third straight day on Friday and remains close to a one-week low, around the 0.5725 region, touched the previous day.

AUD/USD remains near 0.6550 following China's NBS PMI data
AUD/USD remains subdued for the third successive session, trading around 0.6550 during the Asian hours on Friday. The pair moves little following the release of China's NBS Purchasing Managers' Index (PMI) data.

Gold edges higher on safe-haven flows; remains below $4,050 amid Fed's hawkish tilt
Gold (XAU/USD) is seen trading with a positive bias for the second straight day on Friday and looking to build on this week's recovery from sub-$3,900 levels, or the lowest level since October 6.

China's NBS Manufacturing PMI drops to 49 in October, Non-Manufacturing PMI rises to 50.1
China's official Manufacturing Purchasing Managers' Index (PMI) dropped sharply to 49 in October, following 49.8 recorded in September.
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