Intercontinental Exchange (ICE), parent company of the NYSE, has partnered with OKX to roll out perpetual futures contracts for its Brent Crude and WTI Crude energy benchmarks.

The AUD/USD edges lower during the North American session, poised to remain sideways within key technical support and resistance levels, with the 20-day Simple Moving Average (SMA) at 0.7187 and the 50-day SMA at 0.7095. At the time of writing, the pair is trading around 0.7137, down 0.17%.

DBS Group Research economists Radhika Rao and Chua Han Teng highlight that ASEAN-6 economies are experiencing asymmetric inflation outcomes despite a common energy shock. Indonesia and Malaysia show relatively contained inflation, while Thailand, Vietnam and Philippines face higher readings.

Japan CFTC JPY NC Net Positions declined to ¥-93.9K from previous ¥-75.1K

United States CFTC Oil NC Net Positions climbed from previous 169.9K to 172.6K

United States CFTC Gold NC Net Positions fell from previous $171.6K to $159.8K

United Kingdom CFTC GBP NC Net Positions declined to £-64.3K from previous £-43.1K

Australia CFTC AUD NC Net Positions climbed from previous $85K to $85.6K

Eurozone CFTC EUR NC Net Positions dipped from previous €40.2K to €33.5K

United States CFTC S&P 500 NC Net Positions climbed from previous $-143.8K to $-140.6K

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/CNH to trade quietly between 6.7920 and 6.8060 intraday after recent moves failed to generate fresh momentum.

OCBC notes USDSGD is trading choppily in a subdued range, closely tracking moves in the USD, Oil and UST yields. The bank sees mild bullish momentum starting to fade and maintains a bias to sell rallies, with key support around 1.2720/60 and 1.2650/70 and resistance near 1.2840/50.

Silver (XAG/USD) remains range-bound on Friday as traders avoid aggressive positioning amid uncertainty surrounding US-Iran negotiations. At the time of writing, the white metal trades near $76.00 and is likely to close the week on a flat note.

Gold price edges lower during the day as the Greenback recovers some ground amid doubts that the US and Iran could reach a deal to end the conflict, and traders are pricing in a Federal Reserve (Fed) rate hike by the end of the year. At the time of writing, XAU/USD trades at $4,518, down 0.50%.

ING economists Min Joo Kang and Lynn Song expect the Bank of Korea to leave policy rates unchanged this week but to adopt a more hawkish tone. They see updated dot plots pointing to one or two rate hikes within six months, alongside upgraded GDP and CPI forecasts.

Kevin Warsh was sworn in as the 17th head of the Fed on Friday, the first chair to take the oath at the White House since Alan Greenspan in 1987, a venue choice that says plenty about how close this central bank now sits to the executive branch. The optics got stranger from there.

There is confident, and then there is Friday. The Dow Jones Industrial Average (DJIA) ground out a fresh all-time high, up around a quarter of a percent, on a day that gave it nothing to celebrate.

United States Baker Hughes US Oil Rig Count registered at 425 above expectations (416)

Freshly-minted Federal Reserve (Fed) Chair Kevin Warsh delivered his first public speech as head of the Fed on Friday, delivering his key talking points after being sworn in.

Artificial Intelligence (AI) tokens Near Protocol (NEAR) and Grass (GRASS) are extending gains on Friday, building on improving sentiment in the sector. NEAR is up 18%, trading near the $2.40 resistance, while GRASS hovers around $0.45.

Speaking ahead of the swearing-in of new Federal Reserve (Fed) Chair Kevin Warsh, President Trump stated that he wants Warsh to be "independent", stating that the Fed will "make their own decisions".

Rabobank’s Senior FX Strategist Jane Foley notes that the Australian Dollar (AUD) has shifted from a top G10 performer to one of the weakest on a 5‑day view as markets reassess Reserve Bank of Australia (RBA) tightening prospects after softer labour data.

USD/JPY holds firm on Friday, remaining confined within this week’s trading range as traders refrain from placing aggressive bullish bets near the 160.00 handle following suspected intervention by Japanese authorities in late April.

The Euro retreats by 0.14% during the North American session amid growing speculation that the US and Iran may reach a deal to end the conflict. The Greenback is recovering some ground, underpinned by Oil prices trimming some of its earlier losses.

The Canadian Dollar (CAD) remains on the defensive against the US Dollar (USD) on Friday as traders look past stronger Canadian Retail Sales figures and keep their attention on developments surrounding US-Iran negotiations.

Royal Bank of Canada (RBC) economists Nathan Janzen and Claire Fan expect Canada’s Gross Domestic Product (GDP) to rebound in Q1 2026, projecting a 1.7% annualized expansion after a 0.6% contraction in Q4.

Scotiabank’s global FX strategy team highlights the Dollar is ending the week on the offensive, with modest gains against most G10 currencies as markets focus on US–Iran developments and the swearing-in of Fed Chair Kevin Warsh.