EUR/USD registers solid gains late in the North American session on Friday after rumors of an intervention in the FX markets to boost the Japanese Yen sent the US Dollar (USD) sliding, with losses of over 0.70%, according to the US Dollar Index (DXY).

United States CFTC Oil NC Net Positions up to 78.8K from previous 58.1K

Japan CFTC JPY NC Net Positions increased to ¥-44.8K from previous ¥-45.2K

United States CFTC Oil NC Net Positions down to -44.8K from previous 58.1K

United Kingdom CFTC GBP NC Net Positions: £-22K vs £-25.3K

United Kingdom CFTC GBP NC Net Positions increased to £1117K from previous £-25.3K

Australia CFTC AUD NC Net Positions rose from previous $-18.8K to $-14K

Eurozone CFTC EUR NC Net Positions fell from previous €132.7K to €111.7K

United States CFTC Gold NC Net Positions: $244.8K vs previous $251.2K

United States CFTC S&P 500 NC Net Positions increased to $-81.8K from previous $-122.1K

United States CFTC S&P 500 NC Net Positions: $-818K vs previous $-122.1K

Gold (XAU/USD) surges during the North American session on Friday, up by over 1% as the US Dollar (USD) gets smashed on intervention rumors to propel the Japanese Yen (JPY) in the FX markets, amid an improvement in risk appetite that pushed the yellow metal to fresh all-time highs at $4,988.

The US Dollar (USD) ended the week near a four-month low of around 97.80, maintaining a weak tone amid risk aversion in financial markets.

USD/JPY plunges over 300 pips on Friday amid a suspected Japan Ministry of Finance (MoF) 'rate check', as excessive Yen (JPY) weakness fuels intervention fears. At the time of writing, the pair is trading around 156.18, down nearly 1.40% on the day, sliding to its lowest level since late December.

The British Pound (GBP) continues to outperform the US Dollar (USD) on Friday, with GBP/USD climbing to the 1.3600 handle as the Greenback remains under broad-based selling pressure. At the time of writing, the pair is up nearly 0.73% on the day, marking its highest level since September 18, 2025.

United States Baker Hughes US Oil Rig Count meets expectations (411)

Gold (XAU/USD) regains ground on Friday, notching yet another record high after coming under brief pressure earlier in the day. At the time of writing, XAU/USD is trading around $4,980, rebounding from an intraday low near $4,899, and remains on track for a third consecutive weekly gain.

The Euro (EUR) trades flat against the US Dollar (USD) on Friday, as traders show a muted reaction to the latest US economic data. At the time of writing, EUR/USD is hovering near 1.1750 and remains on track for its first weekly gain in three weeks amid sustained weakness in the Greenback.

Silver (XAG/USD) prices reached the $100.00 milestone on Friday, recording an all-time high of $100.39 before retreating towards the triple-digit figure. The grey metal is posting daily gains of over 4% after bouncing off daily lows of $96.04.

GBP/USD surges during the North American session on Friday by over 0.31% on stronger-than-expected Retail Sales and PMI data, even though the US Dollar (USD) trimmed losses on an upbeat Consumer Sentiment report.

Colombia Retail Sales (YoY) below expectations (8.6%) in November: Actual (7.5%)

United States Michigan Consumer Sentiment Index came in at 56.4, above expectations (54) in January

United States UoM 1-year Consumer Inflation Expectations below forecasts (4.2%) in January: Actual (4%)

United States Michigan Consumer Expectations Index registered at 57 above expectations (55) in January

United States UoM 5-year Consumer Inflation Expectation below forecasts (3.4%) in January: Actual (3.3%)

Business activity in the US private sector expanded at a slightly better pace in January than in December, with the S&P Global's preliminary Composite Purchasing Managers' Index (PMI) edging higher to 52.8 from 52.7.

United States S&P Global Composite PMI: 52.8 (January) vs 52.7

United States S&P Global Services PMI came in at 52.5, below expectations (52.8) in January

United States S&P Global Manufacturing PMI came in at 51.9 below forecasts (52.1) in January

The Canadian Dollar (CAD) extends gains against the US Dollar (USD) on Friday, supported by a broadly softer Greenback and stronger-than-expected Canadian Retail Sales data. At the time of writing, USD/CAD trades around 1.3767, marking a fifth consecutive daily decline.