Trading news

Colombia Consumer Price Index (MoM) came in at 0% below forecasts (0.22%) in August

Colombia Consumer Price Index (YoY) dipped from previous 6.86% to 6.12% in August

The NZD/JPY pair has maintained its bearish stance, extending the selloff that started in Tuesday's session.

The NZD/USD pair has been trading lacklusterly within a narrow range, but Friday's sharp decline has shifted the technical outlook to bearish, at least for the short-term, shedding more than 0.80% at the end of the week.

The Silver price plunged late in the North American session, down over 3%, and traded at $27.89 after reaching a high of $29.11.

The USD/JPY extended its losses late on Friday's North American session, bolstered by the losses of the yield of the US 10-year T-note.

United States CFTC Oil NC Net Positions fell from previous 226.7K to 177K

United States CFTC S&P 500 NC Net Positions rose from previous $-81.9K to $-48.8K

United Kingdom CFTC GBP NC Net Positions increased to £108.1K from previous £89.9K

Australia CFTC AUD NC Net Positions climbed from previous $-19.2K to $-7.9K

Japan CFTC JPY NC Net Positions rose from previous ¥25.9K to ¥41.1K

United States CFTC Gold NC Net Positions fell from previous $294.4K to $287.6K

Eurozone CFTC EUR NC Net Positions up to €100K from previous €92.8K

Gold retreated after failing to test the all-time high of $2,531 and diving more than 0.80% late in the North American session.

The Dow Jones Industrial Average (DJIA) shed 400 points on Friday after US Nonfarm Payrolls (NFP) came in below expectations, alongside a downard revision to previous figures.

The AUD/USD declined by 0.85% in Friday's session, now hovering near the 0.6700 level following the release of the US Nonfarm Payrolls (NFP) report for August.

The Mexican Peso depreciated against the American currency on Friday after the US Nonfarm Payrolls (NFP) report spurred volatility in the bond market.

United States Baker Hughes US Oil Rig Count remains unchanged at 483

The US Dollar Index (DXY), a measure of the US Dollar against a basket of six currencies, recovered its footing on Friday after the release of August Nonfarm Payrolls (NFP) data came in mixed.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that Fed officials are finally beginning to catch up with the broader market's view that the time has come for movement from the US central bank on policy rates, but downplayed discussion of a larger opening cut in September.