|
Chile Unemployment rate climbed from previous 8.4% to 8.8% in March
Author
FXStreet Team
FXStreet
More from FXStreet Team
Editor's Picks
EUR/USD remains in the red below 1.1950 in European trading on Friday. The Euro fails to benefit from the stronger-than-expected German preliminary GDP data for the fourth quarter of 2025, keeping the pair's pullback intact. The Eurozone GDP report is next on tap.
GBP/USD has recovered some ground above 1.3750 in the European session on Friday. The US Dollar pauses its recovery, led by a deal between US President Donald Trump and Senate Democrats to avoid a US government shutdown. Traders will keep an eye on the Trump announcement of Fed Chair pick and US Producer Price Index data later on Friday.
Gold quickly reverses an early European session dip to sub-$5,100 levels, through its sticks to the bearish bias amid heavy liquidation pressure on Friday. The US Dollar gains some positive traction amid the optimism over a Senate deal to fund the federal government through the remainder of the fiscal year.
Stellar continues to trade in the red, slipping below $0.20 on Friday, a level not seen since mid-October. Bearish sentiment intensifies amid falling Open Interest and negative funding rates in the derivatives market. On the technical side, weakening momentum indicators support further correction in XLM.
Microsoft's (MSFT) post-earnings cratering on Thursday sent other indices into pullback mode despite the narrow nature of its weakness.
Bitcoin, Ethereum, and Ripple continued their corrections on Friday, posting weekly losses of nearly 6%, 3%, and 5%, respectively. BTC is nearing the November lows at $80,000, while ETH slips below $2,800 amid increasing downside pressure.
