The Australian Dollar (AUD) strengthens for the second consecutive day on Friday, driven by US President Donald Trump’s decision to postpone the implementation of reciprocal tariffs.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1706 as compared to the previous day's fix of 7.1719 and 7.2739 Reuters estimates.
The USD/CAD pair edges lower to a two-month low near 1.4195 during the late American session on Thursday, pressured by a decline in US bond yields and the weaker US Dollar (USD).
GBP/USD rallied on Thursday, climbing over nine-tenths of one percent and tapping the 1.2560 region after economic data came in broadly better-than-expected on both sides of the Atlantic.
Major indices close higher led by NASDAQ, Meta shares rise for 19th day, Applovin up 24%. S&P near record high, Dow up 0.77%, NASDAQ up 1.50%, Russell 2000 up 1.17%
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