United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March

United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%)

United States Average Weekly Hours below forecasts (34.3) in March: Actual (34.2)

United States U6 Underemployment Rate fell from previous 7.9% to -8% in March

United States Nonfarm Payrolls above forecasts (60K) in March: Actual (178K)

United States Unemployment Rate came in at 4.3% below forecasts (4.4%) in March

United States Labor Force Participation Rate declined to 61.9% in March from previous 62%

USD/JPY trades flat on Friday, fluctuating between minor gains and losses as thin holiday liquidity keeps price action subdued. At the time of writing, the pair is trading around 159.58, with traders staying on the sidelines ahead of the US Nonfarm Payrolls (NFP) report.

The Middle East war has become a key driver of global market sentiment, leading to alternating risk-on and risk-off phases amid recurring cycles of de-escalation and escalation during the conflict.

India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B

The Australian Dollar’s (AUD) recovery attempt against the US Dollar (USD) has been capped a few pips ahead of the 0.6920 level. The pair has been trimming gains on Friday, returning to the 0.6900 area at the time of writing, with all eyes on the release of the US Nonfarm Payrolls report.

The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support.

Bitcoin (BTC) is trading at $67,000, approaching its key support level at the time of writing on Friday, after nearly erasing its earlier weekly recovery.

The New Zealand Dollar (NZD) is showing the weakest performance among major currencies in an otherwise calm Good Friday session, with most markets closed on bank holidays.

Pi Network (PI) is trading near $0.1700 at press time on Friday after losing over 5% the previous day. Deposits on Centralized Exchanges (CEXs) totaled over 2 million PI tokens in the last 24 hours, suggesting a profit-taking from investors amid the second rounds of mainnet migration.

Gold’s (XAU/USD) reversal from weekly highs at the $4,800 area remains contained above previous highs, in the area of $4,600, with the precious metal changing hands at $4,665 at the time of writing.

Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $73.05 per troy ounce, broadly unchanged 0.00% from the $73.05 it cost on Thursday.

The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway through March’s trading range.

Italy Public Deficit/GDP down to -1.4% in 4Q from previous 3.4%

Solana (SOL) is trading below $80 at press time on Friday, following two consecutive days of losses linked to broader market conditions and the Solana-based Drift protocol hack.

West Texas Intermediate (WTI) oil price steadies around $103.80 per barrel during the early European hours on Friday. WTI price gained over 10% as supply concerns intensified following renewed Iran threats from US President Donald Trump.

EUR/GBP’s reversal from one-month highs at 0.8740 found support above 0.8700 earlier this week, before stalling halfway through the last few days’ range around 0.8720.

Turkey Consumer Price Index (YoY) registered at 30.87%, below expectations (31.4%) in March

Turkey Consumer Price Index (MoM) below forecasts (2.32%) in March: Actual (1.94%)

The EUR/JPY cross gathers strength around 184.15 during the early European session on Friday. Trading volumes are likely to be thin due to the Good Friday holiday.

USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday.

France Industrial Output (MoM) below forecasts (0%) in February: Actual (-0.7%)