European Central Bank President Christine Lagarde stuck to a strictly neutral tone in her EU Parliament speech yesterday, ING's FX analyst Francesco Pesole notes.
Japan's largest trade union group’s, Rengo, second-round data of annual labor talk (Shunto) results showed Japanese firms agreed to raise pay by 5.4% this year.
Silver (XAG/USD) attracts some sellers for the third successive day on Friday and slides to the $33.00 neighborhood during the Asian session, back closer to a one-week low touched the previous day.
The NZD/USD pair struggles to capitalize on the overnight bounce from the 0.5725-0.5720 area and attracts fresh sellers during the Asian session on Friday.
Gold price (XAU/USD) meets with a fresh supply during the Asian session on Friday and slides to the $3,030 area in the last hour, back closer to the overnight swing low.
The Japanese Yen (JPY) edges lower during the Asian session on Friday after data released from Japan showed that the annual National Consumer Price Index (CPI) slowed in February.
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1760 as compared to the previous day's fix of 7.1754 and 7.2423 Reuters estimate.
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