After losing more than 1% on Thursday, GBP/USD stages a rebound and trades in positive territory above 1.3150 in the European session on Friday.

The Pound Sterling (GBP) slides below the round-level support of 1.3100 against the US Dollar (USD) in Friday’s New York session.

The US Dollar (USD) ties up with gains and is set to close off this week with nearly 2% gains in the US Dollar Index (DXY). The greenback gains after first the Nonfarm Payrolls print of 254,000 against the expected 140,000 was an out of this world

The New Zealand Dollar (NZD) could continue to weaken; oversold conditions suggest any decline is unlikely to break below the significant support at 0.6170.

Here is what you need to know on Friday, October 4: The US Dollar (USD) Index, which tracks the USD's valuation against a basket of six major currencies, extended its weekly uptrend and registered its highest daily close since mid-August on Thursday.

USD/CAD rises sharply to near 1.3600 after stronger-than-expected US labor market report.

The main event in the CEE region today is the meeting of the National Bank of Romania, ING’s FX strategist Frantisek Taborsky notes.

NZD/USD extends its losing streak, trading around 0.6200 during the early European hours on Friday.

Weakness has not stabilized. The Pound Sterling (GBP) could dip to 1.3080 before stabilisation can be expected.

The GBP/JPY cross finds some near the 191.70 region on Friday and for now, seems to have stalled the overnight sharp pullback from a one-week high – levels beyond the 195.00 psychological mark.

EUR/USD dips below the psychological support of 1.1000 in Friday’s New York session.

The Australian Dollar (AUD) could continue to weaken, but it does seem to have sufficient momentum to break clearly below 0.6820 for now.

EUR/GBP retraces its recent gains, trading around 0.8390 during the Asian session on Friday.

The Euro (EUR) is expected to trade between 1.1000 and 1.0050.

Gold (XAU/USD) weakens into the $2,650s on Friday as traders sell the asset and the US Dollar strengthens on the back of strong US labor market data. The US Nonfarm Payrolls (NFP) report for September showed an improvement in almost all metrics including payrolls themselves, the Unemployment Rate and average hourly earnings.

The Mexican Peso (MXN) loses some of its earlier gains against the US Dollar (USD) on Friday following the release of the US Nonfarm Payrolls (NFP) report, the most significant labor market release for the United States (US). The report showed an improvement in almost all employment metrics, including payrolls, the Unemployment Rate and Average Hourly Earnings.

Amazon (AMZN) stock rose 1.7% on Friday after US jobs data overshot the Wall Street consensus by leaps and bounds.

The GBP/USD pair struggles to gain ground near 1.3125 during the Asian session on Friday.

EUR/USD continues its losing streak for the sixth successive session, trading around 1.1030 during the Asian hours on Friday.

The USD/CAD pair struggles to capitalize on the previous day's strong move up to a one-and-half-week top and oscillates in a range around mid-1.3500s during the Asian session on Friday.

Gold price (XAU/USD) extends its sideways consolidative price move in a familiar range held since the beginning of the current week as traders await a fresh catalyst before positioning for the next leg of a directional move.

The NZD/USD pair edges higher to around 0.6215 on Friday during the early Asian trading hours.

The GBP/USD pair posts modest gains to near 1.3125, snapping the three-day losing streak during the early Asian session on Friday.

The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous five – and plummets to over a two-week low during the first half of the European session on Thursday.

US ISM Services PMI is seen improving a tad in September. The US services sector is expected to remain within the expansionary territory.

The EUR/USD pair attracts sellers for the fifth successive day and touches a fresh three-week low, around the 1.1030 area during the Asian session on Thursday.

EUR/USD trades in the 1.1030s on Thursday, marginally down on the day as geopolitical risks increase demand for the safe-haven US Dollar (USD) while the Euro (EUR) weakens amid a gloomy economic outlook for the old continent.

The GBP/JPY cross continues with its struggle to find acceptance above the 195.00 psychological mark for the second time in two weeks and retreats sharply from a one-week high touched earlier this Thursday.

The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous four – and plummets to over a two-week low during the first half of the European session on Thursday.

Cable remains firmly in red and accelerated lower on Thursday morning, falling over 1% for the session.

The US Dollar (USD) is trading higher just ahead of the US trading session after former  president of Federal Reserve Bank of New York William Dudley comment on Bloomberg television on the current situation for