Daily market news

Silver's price dropped 0.79% after hitting a daily high of $27.73, as another inflation report in the United States showed warmer-than-expected inflation.

AUD/USD trades in the 0.6540s as it continues rallying after the release of US core Personal Consumption Expenditures Price (PCE) Index data for March.

The USD/CAD pair is stuck in a tight range near 1.3650 in Friday’s European session.

EUR/USD trades in the 1.0740s on Friday, ahead of key data out of the US in the form of the March core Personal Consumption Expenditures Price Index (PCE), the US Federal Reserve’s (Fed) preferred gauge of inflation.

Here is what you need to know on Friday, April 26: The Japanese Yen (JPY) stays under bearish pressure and trades at its weakest level in over three decades against the US Dollar following the Bank of Japan's (BoJ) decision to leave the monetary policy settings unchanged.

The USD/CHF pair trades on a stronger note around 0.9130 during the early European session on Friday.

The NZD/USD pair showed positive movement, trading around 0.5960 during the Asian session on Friday.

The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday.

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $83.60 on Friday.

The USD/CAD pair extends its downside near 1.3655 on Friday during the early Asian session.