Trading news

The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second consecutive day on Friday.

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1705 as compared to the previous day's fix of 7.1692 and 7.2406 Reuters estimates.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.00 during the early Asian session on Friday.

Japan's Finance Minister, Katsunobu Kato, said early Friday that there have been one-sided and rapid market moves, adding that he will take appropriate action against excessive foreign exchange moves.

Federal Reserve Bank of Atlanta President Raphael Bostic said late Thursday that the US economy is in incredible flux and it’s hard to know where things will land.

EUR/USD tried to stretch for a fourth straight day of gains, but markets are drawing into the middle ahead of Friday’s key US Nonfarm Payrolls (NFP) print.

Japan JP Foreign Reserves: $1253.3B (February) vs $1240.6B

Japan JP Foreign Reserves fell from previous $1240.6B to $1B in February

Canada's Finance Minister Dominic LeBlanc stated late Thursday that the country will delay its second wave of retaliatory tariffs on $125 billion in US products until April 2.

Bank of England Monetary Policy Committee member Catherine Mann said late Thursday that gradual interest-rate moves no longer send clear signals to volatile financial markets and larger shifts are now needed to “cut through” the noise for the good of the economy, per Bloomberg.

GBP/USD faltered on Thursday, ending a stellar three-day run that saw the Pound Sterling gain 2.57% bottom-to-top against the Greenback from the start of the week.

Silver price consolidates, snapping three days of gains, trading near the $32.50 area, with buyers failing to prolong their advance to challenge the last cycle high of $33.39.

South Korea Current Account Balance dipped from previous 12.37B to 2.94B in January

The USD/CAD pair extends the decline to near 1.4300 during the late American session on Thursday.

The Swiss Franc (CHF) posted solid gains versus the Greenback (USD) on Thursday, despite mixed data showing that the US economy continues to deteriorate.

US President Donald Trump hit markets with yet another structural pivot on his tariff agenda, announcing some temporary exemptions for certain sectors, as well as getting his 25% tariffs against Mexico and Canada muddled up with his separate "reciprocal tariff" strategy that is currently slated to come into effect in April.

The AUD/JPY pair retreated on Thursday ahead of the Asian session, giving up gains from the previous two sessions as sellers regained control.

The Australian Dollar (AUD) is retreating on Thursday against the US Dollar (USD) after three consecutive days of gains.

Federal Reserve (Fed) Governing Board Member Christopher Waller noted on Thursday that recent data has made it more difficult to argue in favor of additional rate cuts heading into the tail end of the first quarter.

The Canadian Dollar (CAD) explored the high end on Thursday as market confidence in the US Dollar (USD) waivered in the face of ongoing tariff ambiguity from Unites States (US) President Donald Trump.