EUR/USD has reversed part of its earlier pullback and is now edging back towards the key 1.1600 level. The rebound follows a knee-jerk in the US Dollar after the latest NFP report showed the US economy unexpectedly lost 92K jobs in February.
USD/JPY climbs even though US payrolls dropped in February. Unemployment rises to 4.4%, lifting odds of a Fed rate cut to 50%. BoJ warns Yen volatility could impact inflation and monetary policy outlook.
Gold prices staged a turnaround on Friday, reversing the earlier decline and trading just above the $5,170 mark per troy ounce. The yellow metal continues to draw support from safe haven demand linked to tensions in the Middle East.