Following Wednesday’s US Federal Reserve (Fed) policy announcements, attention turns toward the high-impact Nonfarm Payrolls (NFP) data, slated for release on Friday at 12:30 GMT.

The Japanese Yen (JPY) is set to book one of its best weeks in history against the US Dollar. Since last Friday, a string of (un)confirmed interventions have pushed the USD/JPY pair from roughly 160.00 to 153.00. As the dust settles, the question is

EUR/USD soars to 1.0800 as the US Dollar weakens in Friday’s early American session.

The Mexican Peso (MXN) edges higher in most pairs on Friday as investor risk appetite remains strong, supporting commodity-related currencies and risk-sensitive FX such as the Mexican Peso.

Natural Gas (XNG/USD) prices are heading higher for a second consecutive day driven by a pickup in demand from the Middle East and some North African countries. The best example is Egypt, where Gas exports have already decreased to meet

The Gold price (XAU/USD) edges lower on Friday, trading down to just above $2,300, as safe-haven demand for the precious metal diminishes amid an overall upbeat market mood.

United States Average Hourly Earnings (MoM) came in at 0.2%, below expectations (0.3%) in April

United States Unemployment Rate above expectations (3.8%) in April: Actual (3.9%)

United States Labor Force Participation Rate meets expectations (62.7%) in April

United States Average Hourly Earnings (YoY) below forecasts (4%) in April: Actual (3.9%)

United States Average Weekly Hours below expectations (34.4) in April: Actual (34.3)

United States Nonfarm Payrolls registered at 175K, below expectations (243K) in April

United States U6 Underemployment Rate: 7.4% (April) vs 7.3%

The US Dollar Index price (DXY) is declining within a multi-month long rising channel after touching the top borderline and rolling over.

Brazil Industrial Output (YoY) came in at -2.8%, below expectations (-2.6%) in March

Brazil Industrial Output (MoM) below forecasts (1%) in March: Actual (0.9%)

India Bank Loan Growth: 19% (April 15) vs previous 19.9%

India FX Reserves, USD: $637.92B (April 22) vs previous $640.33B

The EUR/GBP pair trades inside Thursday’s trading range in Friday’s European session.

EUR/GBP price is rising up within a multi-month range after bouncing off support at the lows.

The Pound Sterling (GBP) rises to 1.2550 against the US Dollar (USD) in Friday’s London session.

The NZD/USD pair extends its two-day winning spell on Friday as the US Dollar hits a fresh three-week low ahead of the United States Nonfarm Payrolls (NFP) and the ISM Services PMI report for April, which will be published in the New York session.

EUR/JPY extends its losses for the third consecutive session, trading around 164.60 during the European session on Friday.

Gold prices fell in India on Friday, according to data from India's Multi Commodity Exchange (MCX).

Silver prices (XAG/USD) fell on Friday, according to FXStreet data.

FX option expiries for May 3 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0500 1.1b 1.0550 714m 1.0600 899m 1.0650 618m 1.0675 1.4b 1.0700 1.2b 1.0705 741m 1.0730 460m 1.0735 480m 1.0750 1.1b 1.0785 442m 1.0795 606m 1.0800 745m 1.0810 447m 1.0815 553m - GBP/USD: GBP amounts 1.2500 450m - USD/JPY: USD amounts 154.00 969m 154.15 515m 1550.00 531m 155.75 510m 156.50 651m 157.00 896m 158.00 462m - USD/CHF: USD amounts 0.9100 402m - AUD/USD: AUD amounts 0.6300 1.2b 0.6400

Eurozone Unemployment Rate meets expectations (6.5%) in March

Gold price (XAU/USD) remains on the defensive during the Asian session on Friday, albeit manages to hold its neck above a nearly one-month low touched earlier this week.

Silver price snaps its two-day winning streak, trading around $26.50 per troy ounce during the European session on Friday.

United Kingdom S&P Global/CIPS Services PMI above expectations (54.9) in April: Actual (55)