Gold (XAU/USD) price advanced more than 1.50% on Friday amid news that Iran and the US are close to signing a deal aimed at extending the ceasefire for 60 days to allow negotiations on Iran’s nuclear program. At the time of writing, XAU/USD trades at $4,563, after bouncing off daily lows of $4,489.
The USD/CAD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day's sharp retracement slide from the 1.3870 region, or the highest level since April 13.
The Personal Consumption Expenditures Price Index (PCE) print Sterling traders had been waiting for landed in the bears' lap, and the Pound did almost nothing with it. Core PCE rose 0.2% on the month against a 0.3% consensus, the softest monthly read in three.