EUR/USD gives up gains after facing selling pressure near the key resistance of 1.0900 in North American trading hours on Friday.

The AUD/JPY pair remains subdued for the second day, hovering around 100.00 during the European session after the release of mixed Q3 Producer Price Index (PPI) data on Friday.

The Pound Sterling (GBP) jumps to near 1.2950 against the US Dollar (USD) in Friday’s New York session after posting a fresh 11-week low near 1.2850 on Thursday.

EUR/GBP inches lower after two days of gains, trading around 0.8430 during the early European hours on Friday.

EUR/USD halts its four-day winning streak, trading around 1.0870 during the Asian session on Friday.

The Mexican Peso (MXN) trades mixed across its key pairs on Friday impacted by data and market events for its peers. In the UK investors mulled the recent Budget from the new labor government which led to a rise in Gilt yields but a delayed sell-off in the Pound Sterling (GBP) before the currency recovered on Friday.

The US Dollar has pared some of the recent losses favoured by a cautious market mood ahead of the NFP report.

The USD/CAD pair corrects mildly to near the round-level support of 1.3900 in Friday’s New York session.

The GBP/USD pair remains on the defensive around 1.2895, the lowest since August 16 during the early Asian trading hours on Friday.

The USD/CAD pair loses momentum to around 1.3925 during the early European trading hours on Friday.

The USD/CHF pair strives to break above the key resistance of 0.8700 in Friday’s European session.

Spot gold rose 0.3% to $2 752.90 an ounce as of 11:34 a.m. in London, after reaching an all-time high of $2 790.10 earlier in the week.

Here is what you need to know on Friday, November 1: The US Dollar (USD) stays resilient against its rivals early Friday, with the USD Index holding steady near 104.00 following a three-day slide.

Gold (XAU/USD) edges up by over half a percentage point on Friday as it recovers from the tumble it suffered on the previous day. The precious metal is trading in the $2,760s after the release of US Nonfarm Payrolls data showed a decline to only 12K in October, falling well below the 113K expected and the revised-down 223K of September.

GBP/USD trades in a tight channel at around 1.2900 in the European morning on Friday after closing deep in the red on Thursday.

The Pound Sterling (GBP) is trading marginally higher while Gilts remain soft (but off earlier lows) in the wake of Wednesday’s budget, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The Australian Dollar (AUD) remains tepid against the US Dollar (USD) following two days of gains, as Australia's mixed Producer Price Index (PPI) data for the third quarter was released on Friday.

The GBP/USD pair remains on the defensive around 1.2895, the lowest since August 16 during the early Asian trading hours on Friday.

The EUR/USD pair extends the rally to 1.0885 during the early Asian session on Friday.

The AUD/USD declined by 0.45% to 0.6545 in Thursday's session, remaining near an 11-week low of 0.6540 ahead of the US Nonfarm Payrrolls data on Friday.

The US Dollar Index (DXY) trades softer on Thursday despite persistent inflation in the United States, as measured by the Personal Consumption Expenditure (PCE) Prices Index.

The USD/CAD pair gained traction on Thursday, rising by 0.15% to 1.3920.

GBP/USD Price Forecast: Tumbles to two-month low, traders ditch GBP on UK's budget The Pound Sterling dropped to a new two-month low of 1.2885 against the Greenback during the session, as UK Gilts rose sharply following the budget release.

As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.

Inflation is not done with us yet. | Economy

The Pound Sterling dropped to a new two-month low of 1.2885 against the Greenback during the session, as UK Gilts rose sharply following the budget release.

The NZD/USD pair refreshes a more than 11-week low slightly below 0.5950 in North American trading hours on Thursday.

The United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for September, which is the Federal Reserve’s preferred measure of inflation, at 12:30 GMT.

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

The Harmonized Index of Consumer Prices (HICP), the European Central Bank's (ECB) preferred gauge of inflation, rose 2% on a yearly basis in October's flash estimate, Eurostat reported on Thursday.

The eurozone's annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank's two-percent target. Other Eurostat data published on Thursday showed the unemployment rate in the single currency area remained stable at 6.3 percent in September. raz/ec/rl

The eurozone's annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank's two-percent target. Other Eurostat data published on Thursday showed the unemployment rate in the single currency area remained stable at 6.3 percent in September. raz/ec/rl

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

NEW YORK : The dollar eased broadly on Thursday after U.S. data suggested upward price pressures continue to ease, keeping Federal Reserve policymakers on track to cut short-term U.S. borrowing costs by a quarter percentage point next week.Data on Thursday showed U.S. consumer spending increased slightly

NEW YORK :The dollar fell against the yen on Thursday, after the Bank of Japan's less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week.Data on Thursday showed U.S. consumer spending increased

Eurozone inflation met the European Central Bank's target level of 2% in October after rebounding strongly from its lowest rate in three years the previous month.

The Pound Sterling (GBP) edges higher to near 1.3000 against the US Dollar (USD) in Thursday’s London session.