United Kingdom CFTC GBP NC Net Positions rose from previous £6.5K to £20.5K

United States CFTC S&P 500 NC Net Positions declined to $-75.9K from previous $-63.1K

United States CFTC Oil NC Net Positions up to 171K from previous 146.4K

United States CFTC Gold NC Net Positions declined to $175.4K from previous $202.2K

Australia CFTC AUD NC Net Positions up to $-54.6K from previous $-58.8K

Eurozone CFTC EUR NC Net Positions fell from previous €69.3K to €65K

Japan CFTC JPY NC Net Positions increased to ¥177.8K from previous ¥171.9K

The Mexican Peso extended its gains against the US Dollar for the second consecutive day, poised to finish the week with gains of 0.89%, sponsored by an improvement in risk appetite and better-than-expected Mexico economic data. At the time of writing, the USD/MXN trades at 19.52, down 0.32%.

Gold price made a U-turn and erased Thursday’s gains, falling below the $3,300 mark as the Greenback remained bid and Bullion failed to capitalize on falling US Treasury yields.

The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks.

US President Donald Trump said the US will be reasonable on tariffs, adding that markets are adjusting to tariff policy. He also said Iran's situation is going well and floated a potential interim deal with Iran.

The Dow Jones Industrial Average (DJIA) registered losses of over 0.32% on Friday amid uncertainty over the trade war between the US and China.

The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger oil prices against a firmer Greenback.

United States Baker Hughes US Oil Rig Count rose from previous 481 to 483

The EUR/GBP pair was seen trading near the 0.8500 mark during Friday's session, edging lower intraday yet holding within the mid-range of 0.8511 to 0.8548. Investors appear cautious amid a light macroeconomic backdrop, with the pair moving in sync with subtle shifts in broader market sentiment.

The EURUSD pair was seen hovering near the 1.1400 region on Friday after easing slightly in the aftermath of the European session. The pair is consolidating within a narrow range between 1.1315 and 1.1391, reflecting a pause in bullish momentum while still holding ground near recent highs.

The Pound Sterling registers losses against the strong US Dollar, yet it remains above 1.3300.  A strong UK Retail Sales report failed to underpin Cable, which registers losses of 0.20% as the GBP/USD trades at 1.3311.

Silver price (XAG/USD) plunges more than 1.5% to near $33.00 during North American trading hours on Friday. The white metal falls sharply from its three-week high of $33.70 posted earlier in the day.

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades on the front foot, up around 0.40% on Friday at the time of writing.

Bank of England (BoE) policymaker Megan Greene said on Friday that they are not sure if the weakness in the UK economy is caused by demand or supply, per Reuters.

EUR/USD trades lower around 1.1350 during North American trading hours on Friday. The major currency pair weakens due to a recovery move in the US Dollar (USD) on hopes of an improvement in trade relations between the United States (US) and China.

The Pound Sterling (GBP) bounces back against its major peers on Friday after the release of surprisingly positive UK Retail Sales data for March.

The USD/JPY pair is expected to conclude the week on a positive note above 143.00. The pair surges to near 143.50 on Friday as the US Dollar (USD) has resumed its recovery move on hopes that United States (US) President Donald Trump is close to make deals with number of his trading partners.

United States Michigan Consumer Expectations Index registered at 47.3 above expectations (47.2) in April

United States UoM 1-year Consumer Inflation Expectations registered at 6.5, below expectations (6.7) in April

United States UoM 5-year Consumer Inflation Expectation in line with forecasts (4.4%) in April

United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (50.8) in April

European Central Bank (ECB) President Christine Lagarde said on Friday that the disinflation process in the Eurozone is well on track, per Reuters.

The United States and China are not engaged in any talks on tariffs, the Chinese embassy said on Friday, according to Reuters.

After US President Trump backtracked significantly on both tariffs against China and the dismissal of Fed Chair Powell, the price of Gold temporarily fell back below $3,300 per troy ounce, Commerzbank's FX analyst Thu Lan Nguyen notes.