Yesterday, the World Gold Council published data on Gold ETFs in October, Commerzbank's commodity analyst Carsten Fritsch notes.

Canada’s Unemployment Rate ticked lower to 6.9% in October (from 7.1%), coming in below analysts' expectations, according to Statistics Canada. In addition, the Net Change in Employment increased by 66.6K individuals (from 60.4K), while the Participation Rate improved to 65.3% (from 65.2%).

Canada Net Change in Employment above expectations (-2.5K) in October: Actual (66.6K)

Canada Participation Rate rose from previous 65.2% to 65.3% in October

Canada Unemployment Rate below expectations (7.1%) in October: Actual (6.9%)

In recent days, there have been reports indicating a further increase in Oil production in Libya, Commerzbank's commodity analyst Carsten Fritsch notes.

The US sanctions against Russia's two largest Oil companies announced by US President Trump two weeks ago are now apparently also having an impact on Russia's seaborne crude Oil exports, Commerzbank's commodity analyst Carsten Fritsch notes.

GBP/JPY trades slightly lower on Friday, hovering around 200.75 at the time of writing, and remains on track for its second consecutive weekly loss. The pair has stabilized after sharp mid-week selling that drove prices to a one-month low, filling the bullish gap from October 6.

Russia Central Bank Reserves $ dipped from previous $731.2B to $725.8B

EUR/USD has retraced previous losses during Friday's European session and returned to 1.1550 at the time of writing after bottoming at 1.1530 earlier on the day.

The US Dollar is giving away previous gains on Friday, approaching weekly lows near 152.85, after being rejected at the 153.50 area earlier on the day.

Fed Vice Chair Philip Jefferson said on Friday that the central bank should take its time with any further rate cuts, explaining that policy is getting closer to a neutral stance.

Gold (XAU/USD) trades slightly firmer on Friday, holding within the familiar $3,900-$4,050 range as the prolonged United States (US) government shutdown and cautious sentiment across global markets keep safe-haven demand steady.

Mexico Headline Inflation in line with expectations (0.36%) in October

Mexico Core Inflation above forecasts (0.28%) in October: Actual (0.29%)

Mexico 12-Month Inflation registered at 3.57% above expectations (3.56%) in October

The Pound Sterling (GBP) trades lower against its major currency peers, except the New Zealand Dollar (NZD), on Friday. The British currency has come under pressure after the Bank of England (BoE) decided to hold interest rates steady at 4%, with a narrow majority vote of 5-4.

The US Dollar has lost some momentum on Friday’s European trading session, and the USD/CAD pulled back to the 1.1410 area from session highs at 1.4125.

India FX Reserves, USD fell from previous $695.36B to $689.73B in October 27

Slight increase in downward momentum is likely to lead to a lower range of 7.1170/7.1280. In the longer run, USD has likely entered a range-trading phase between 7.1120 and 7.1330, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

US Dollar (USD) could weaken, but it is unclear whether there is enough momentum for it to break below 152.40.

There is room for New Zealand Dollar (NZD) to edge lower, but any decline is likely part of a lower range of 0.5620/0.5650. In the longer run, downward pressure has increased; NZD could weaken to 0.5600 next, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

The AUD/USD pair stays above its key support level of 0.6450 from Wednesday. During the European trading session on Friday, the Aussie pair trades 0.1% higher to near 0.6490 as the Australian Dollar (AUD) outperforms its peers.

USD/CNH trades near the midpoint of a two-month range as China’s October trade data shows soft exports and weak domestic demand, BBH FX analysts report.

Australian Dollar (AUD) could test 0.6460; the major support at 0.6445 is unlikely to come under threat. In the longer run, outlook for AUD is negative now, but last month’s low near 0.6445 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

GBP/USD is down under 1.3100 after recovering to a high around 1.3140 overnight. The Bank of England (BOE) delivered a dovish hold yesterday. The BOE left the policy rate at 4.00% (70% priced-in) and signaled the bar is low to resume easing at the next December meeting, BBH FX analysts report.

Pound Sterling (GBP) could rise further, but any advance is unlikely to break clearly above 1.3175.

USD/CAD is holding near multi-month highs above 1.4100 ahead of Canada’s October jobs report, which will test the Bank of Canada’s guidance following last week’s 25bps rate cut, BBH FX analysts report.

EUR/JPY trades higher on Friday, around 177.10 at the time of writing, gaining 0.20% for the day, after briefly losing ground toward 176.50 earlier in the day.

Euro (EUR) has scope to extend to 1.1570 before a pause can be expected. In the longer run, weakness from a week ago has stabilized; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.