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US President Trump: Will begin sending letters on trade tariffs starting Friday

US President Donald Trump said late Thursday that he “will begin sending letters on trade tariffs starting Friday.”

He added that “sending letters is easier than securing trade deals.”

He further noted that he “expects to sign a couple more deals.”

Australian Dollar falls as US jobs data dampen expectations of a Fed rate cut

The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Friday, as stronger-than-expected US job growth and a surprise drop in the unemployment rate data overshadow investors' hopes for a Federal Reserve (Fed) interest rate cut.
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USD/CAD struggles below 1.3600, over two-week low; bears not ready to give up yet

The USD/CAD pair oscillated in a narrow band during the Asian session on Friday and remains close to a nearly three-week low touched the previous day. Spot prices currently trade around the 1.3575 area, nearly unchanged for the day amid mixed cues.
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