France Consumer Confidence came in at 88, below expectations (93) in May

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, depreciates toward two-week lows.

The United Kingdom (UK) Retail Sales jumped 1.2% month-over-month (MoM) in April after advancing 0.1% in March (revised from 0.4%), the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.2% rise in the reported month.

Germany Gross Domestic Product w.d.a (YoY) up to -0.2% in 1Q from previous -0.4%

United Kingdom Retail Sales ex-Fuel (MoM) above expectations (0.3%) in April: Actual (1.3%)

United Kingdom Retail Sales (MoM) came in at 1.2%, above forecasts (0.2%) in April

United Kingdom Retail Sales (YoY) came in at 5%, above forecasts (4.5%) in April

United Kingdom Retail Sales ex-Fuel (YoY) registered at 5.3% above expectations (4.4%) in April

Germany Gross Domestic Product w.d.a (YoY) remains unchanged at -0.4% in 1Q

Germany Gross Domestic Product (QoQ) registered at 0.4% above expectations (0.2%) in 1Q

Germany Gross Domestic Product (YoY) came in at 0%, above expectations (-0.2%) in 1Q

GBP/USD posts gains of about a quarter of a percent in the Asian hours on Friday, trading around 1.3450 at the time of writing. The pair edges higher as the Pound Sterling (GBP) attracts buyers after the GfK better-than-expected Consumer Confidence Index for the United Kingdom (UK) was released.

The Financial Times reported on Friday that US President Donald Trump's trade negotiators are pressuring the EU to reduce tariffs on US imports unilaterally, claiming that without concessions, the bloc would not move in discussions to avoid extra 20% "reciprocal" taxes.

Singapore Consumer Price Index (YoY) above forecasts (0.8) in April: Actual (0.9)

Japan’s Prime Minister Shigeru Ishiba said on Friday that there was no change in Japan's stance on US tariffs and its demand that they be eliminated.

The USD/CAD pair attracts fresh sellers following the previous day's brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD).

EUR/USD recovers its recent losses posted in the previous session, trading around 1.1310 during the Asian hours on Friday.

Gold prices rose in India on Friday, according to data compiled by FXStreet.

The Indian Rupee (INR) trades in negative territory on Friday. Likely foreign outflows from domestic equities and higher crude oil prices undermine the Indian currency.

The Japanese Yen (JPY) ticked higher on Friday following the release of hotter consumer inflation figures from Japan, which keeps the door open for more interest rate hikes by the Bank of Japan (BoJ).

The Australian Dollar (AUD) posts gains against the US Dollar (USD) on Friday after registering losses in the previous session.

Japan's Economy Minister Ryosei Akazawa said on Friday that he intends to visit the US around May 30 for the fourth round of talks,  Reuters with the info citing unnamed sources.

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1919 as compared to the previous day's fix of 7.1903 and 7.2151 Reuters estimate.

The NZD/USD pair posts modest gains near 0.5900 during the early Asian session onn Thursday. The upbeat New Zealand Retail Sales data provide some support to the Kiwi against the US Dollar (USD).

European Central Bank (ECB) President Christine Lagarde said on Friday that with US President Donald Trump’s extension of his trade war to nearly every country, we must question the links of dependency that we have with each other and, in certain matters, with the United States.

Japan’s National Consumer Price Index (CPI) climbed by 3.6% YoY in April, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on Friday.

Japan National Consumer Price Index (YoY) unchanged at 3.6% in April