Gold prices were subdued on Friday, but market moves were limited, with many traders sitting on the sidelines and avoiding taking large directional positions ahead of major events next week

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Core inflationary pressures in the US remain elevated, while headline inflation continues to fall. While the latter will please the Fed, it may not be enough to stop US rates being hiked again next week.

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USD/JPY is facing some technical challenges following a 250-odd pip rally. Time for a retracement or bullish continuation?

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The German economy failed to grow in the first quarter of 2023 but also narrowly avoided a contraction, Euro Area registered a minor gain. Euro and DAX head lower

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AUD/USD is on the backfoot this morning after housing credit remained subdued. The Aussie dollar now looks ahead to US core PCE and consumer sentiment for guidance.

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