The GBP steals the show in Asia in the midst of Brexit's hopes; German IFO Listening

Forex has seen a turnaround in the risk climate as a result of recent reports on the progress of US-China trade. The new wave of risk aversion has dampened the rise of the US dollar and pushed it down, reinforcing the sentiment of confidence around its major rivals. The pound was one of the earliest and biggest gainers in Asia, following the announcement that the Northern Ireland DUP would conditionally support the Prime Minister's Plan B deal British, May May May May. GBP / USD has reached the best levels seen since November 2018 at around 1.3140. The common currency also corrected sales following a transaction led by the ECB by the ECB and traded around 1.1325 region.

Among the currencies of the Asia-Pacific, the Australian made a strong comeback after a three-week low and tried again at 0.71 while the Kiwi also rebounded to 0.6780. USD / JPY rebounded to near lows of 109.50 and returned to 110.00 as JPY bulls were offered a slight reprieve from optimistic consumer price index numbers. Tokyo.

On the commodity front, the two crude benchmarks jumped by more than 1% in the face of Venezuela's risk of sanctions and the withdrawal of US crude stocks, while the futures contracts on Comex were of better quality. near the region 1282, without the positive returns of the Treasury.

Main topics in Asia

Internal document: The White House prepares a draft national emergency decree – CNN

Pelosi, Speaker of the House of Commons: No funds for the wall, down payment a "no starter"

Trump: If the US can reach an agreement with China, it would be great

The DUP decides privately to support the agreement of May next week, the GBP / USD goes to 1.3130

Irish central bank: Brexit disorder could reduce GDP growth to 2019 to 1.5%

Kudlow, White House advisor: Trade Negotiations Must Deal with Intellectual Property and Technology Issues

The global economy in real danger if the US-China trade war intensifies – A Reuters poll

UK excludes online sales tax proposal – The Times

US should limit trade war to China – Soros

Asian equities rise despite conflicting signals on US-China trade negotiations

Key focus to come

After a rich EUR calendar the day before, Friday's session remains relatively mild as markets prepare for the German IFO survey at 9:00 GMT, followed by BBA mortgage approvals in the UK and CBI's 9:30 GMT sales report. respectively. The United States and Canada also do not have significant macro updates on the maps. As a result, US-China trade negotiations and Brexit developments will continue to fuel the general market sentiment.

Meanwhile, NA traders could receive trading incentives from Baker Hughes' oil platforms at 18:00 GMT and the publication of the monthly budget at 19:00 GMT.

EUR / USD: Bears under control after the ECB

Dovish Draghi probably put the EUR / USD pair on the way to a sustained break below 1.13. Thursday, the European Central Bank (ECB) kept the key rates and forward guidance unchanged, but downgraded.

GBP / USD: the bulls are heading towards 1.3150 while the new plan for the month of May on the Brexit is expected

Buyers' interest around the pound remains unchanged, pushing GBP / USD towards the middle of the 1.31 handgrips as we head for the first European trades.

Gold Technical Analysis: Probable retest of weekly highs close to $ 1,286

Gold could return to the $ 1,286 peak reached earlier this week, as the repeated rebound of less than $ 1,280 could have weakened the bearish outlook put forward by the breaking of the contracting triangle.

Australia: Overall inflation up 0.4% q / q in the fourth quarter of 2018 – ANZ

Analysts from the Australian and New Zealand banking groups (ANZ) are seeing consumer price declines in Australia in the fourth quarter of 2018, due to a sharp drop in fuel prices.