Trading news

Silver price (XAG/USD) extends its winning streak, trading around $76.00 per troy ounce during the Asian hours on Friday.

Sweden Industrial Production Value (YoY) increased to 7% in February from previous 1.9%

Sweden Industrial Production Value (MoM) rose from previous -5.7% to 5.1% in February

Germany Harmonized Index of Consumer Prices (YoY) in line with expectations (2.8%) in March

Germany Consumer Price Index (YoY) in line with expectations (2.7%) in March

Germany Consumer Price Index (MoM) in line with forecasts (1.1%) in March

Germany Harmonized Index of Consumer Prices (MoM) meets expectations (1.2%) in March

Sweden New Orders Manufacturing (YoY) climbed from previous -3.9% to 1% in February

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $91.75 during the early European trading hours on Friday. The WTI price declines as traders brace for the outcome of make-or-break talks between the US and Iran on Saturday in Pakistan.

The Indian Rupee (INR) ticks up against the US Dollar (USD) at around 92.45 on Friday.

The AUD/USD pair is down 0.23% to near 0.7065 in the late Asian trading session, struggling to extend its winning streak for the fifth trading day on Friday.

The GBP/USD pair drifts lower during the Asian session on Friday, though it lacks follow-through selling and remains close to its highest level since late February, set earlier this week.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day losing streak and trading around 98.90 during the Asian hours on Friday.

The EUR/USD pair struggles to capitalize on its weekly gains registered over the past four days and trades with a mild negative bias below the 1.1700 mark during the Asian session on Friday.

Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.

The USD/CHF pair loses ground to near 0.7905 during the early European session on Friday. A fragile two-week ceasefire between the United States (US) and Iran provides some support to a safe-haven currency such as the Swiss Franc (CHF) against the US Dollar (USD). 

Gold (XAU/USD) attracts fresh sellers following the previous day's failed attempt to conquer the $4,800 mark and slides to the $4,738-$4,737 region during the Asian session on Friday.

Netherlands, The Manufacturing Output (MoM) dipped from previous 0.4% to -1.3% in February

EUR/JPY extends its gains for the second successive day, trading around 186.10 during the Asian hours on Friday. The technical analysis of the daily chart indicates the currency cross is trending higher within an ascending channel, signaling a persistent bullish bias.

The US Bureau of Labor Statistics (BLS) will publish the March Consumer Price Index (CPI) data on Friday. The report is expected to show a jump in inflation, driven by the upsurge seen in crude Oil prices after the United States (US) and Israel launched a joint attack on Iran.