Consumer Inflation

Gold traded lower late Friday after a stronger jobs reading drove the two-year Treasury yield to its highest level since January 2025. The metal recovered from its session low, but traders now turn to PPI and CPI for the next signal on the Fed path.

AUD/USD traded around 0.7062 after failing to extend gains beyond this week’s high of 0.7090. Market attention is turning to US Producer Price Index data, though traders widely expect it to have limited impact after recent CPI and labor market figures.