Russia Central Bank Reserves $ fell from previous $771.7B to $757.5B

USD/JPY edges lower on Friday and trades around 156.65 at the time of writing, down 0.17% on the day, despite the release of a stronger-than-expected US employment report.

GBP/JPY edges higher on Friday as the Japanese Yen (JPY) continues to face selling pressure despite suspected intervention by Japanese authorities earlier this week.

TD Securities strategists expect April United States (US) Consumer Price Index (CPI) to show firmer inflation, with core CPI seen at 0.38% m/m and 2.8% y/y, and headline at 0.56% m/m and 3.7% y/y.

Nonfarm Payrolls (NFP) in the United States (US) rose by 115K in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed the 185K increase (revised from 178K) recorded in March and surpassed the market expectation of 62K by a wide margin.

Statistics Canada reported on Friday that the Unemployment Rate climbed to 6.9% in April, surpassing what markets were expecting.

United States Average Weekly Hours came in at 34.3, above expectations (34.2) in April

United States Average Hourly Earnings (YoY) registered at 3.6%, below expectations (3.8%) in April

United States U6 Underemployment Rate remains unchanged at -8% in April

United States Nonfarm Payrolls came in at 115K, above expectations (62K) in April

United States Labor Force Participation Rate dipped from previous 61.9% to 61.8% in April

United States Average Hourly Earnings (MoM) came in at 0.2%, below expectations (0.3%) in April

United States Unemployment Rate in line with expectations (4.3%) in April

Canada Participation Rate: 65% (April) vs 64.9%

Canada Net Change in Employment registered at -17.7K, below expectations (15K) in April

Canada Unemployment Rate came in at 6.9%, above expectations (6.7%) in April

ING analysts Ewa Manthey and Warren Patterson note that ICE Brent and NYMEX WTI have rebounded after three sessions of losses as renewed US‑Iran tensions in the Strait of Hormuz lift the risk premium.

West Texas Intermediate (WTI) US Oil declines to around $92.00 on Friday at the time of writing, down 2.76% on the day, as markets reduce the geopolitical risk premium in the Middle East.

Mexico Consumer Confidence s.a up to 44.4 in April from previous 44.1

Mexico Consumer Confidence: 44.3 (April) vs 44.1

The Euro (EUR) posts moderate gains against the US Dollar (USD) on Friday, trading near session highs at the 1.1770 level at the time of writing, although it remains capped below the top of the last three weeks' trading range, in the 1.1800 area.

Gold (XAU/USD) holds firm on Friday but lacks upside momentum as traders refrain from placing aggressive directional bets ahead of the US Employment data while keeping a close eye on geopolitical developments in the Middle East.

The Pound Sterling (GBP) trades higher against its major currency peers, is up 0.43% around 1.3610 against the US Dollar (USD), during the European trading session on Friday.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that efforts by the Trump administration to narrow the US trade deficit are structurally negative for the Dollar via balance of payments dynamics.

Commerzbank strategists note Copper has outperformed other base metals, helped by improved macro sentiment around Hormuz and ongoing mine issues. Chilean ore output fell 9% year‑on‑year in March despite a monthly rebound, while Indonesia’s Grasberg mine is running at only 40–50% capacity.

DBS Group Research’s Philip Wee says the Federal Reserve is working to cool hawkish expectations ahead of Kevin Warsh’s appointment as Chair on May 15.

India FX Reserves, USD declined to $690.69B in April 27 from previous $698.49B

Federal Reserve (Fed) Governor Stephen Miran said in an interview with Fox Business, released on Friday, that the central bank should cut interest rates, clarifying that the current policy is holding back the job market.

The New Zealand Dollar (NZD) extends gains against the US Dollar (USD) on Friday, reaching session highs at 0.5970, after bouncing from 0.5930 earlier on the day.

ING strategists Ewa Manthey and Warren Patterson report that Gold is edging higher, supported by ongoing central bank demand and geopolitical risks.