Weaker Pound, Miners Lift FTSE 100, But Still Logs Weekly Loss

(Reuters) -London’s FTSE 100 rose on Friday, led by heavyweight mining and consumer staple stocks, as surveys showed the British economy unexpectedly regained momentum in October despite surging costs and worsening supply shortages.

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FXEN NEWS

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The Dow Jones Industrial Average (DJIA) slumps around 300 points on Friday, or roughly 0.6%, retreating from the 48,000 handle after two sessions of ceasefire-fueled gains.

Pound Sterling Price News and Forecast: GBP/USD climbs as Pakistan talks boost risk mood 10 April 2026

The GBP/USD climbed on Friday as risk appetite improved amid the start of US-Iran talks in Pakistan. Meanwhile, US inflation rose as expected in March, but traders seem confident it's a one-time jump as they remain optimistic about Middle East peace negotiations.

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USD/CAD reverses earlier losses on Friday, as uncertainty surrounding upcoming US-Iran negotiations keeps markets cautious and overshadows US inflation and Canadian employment data, keeping price action volatile.

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The AUD/USD pair steadies on Friday, posting a slight decline after a four-day strike of gains, trading with a cautious tone amid fresh data releases in the US and geopolitical risks.

Russia Consumer Price Index (MoM) above expectations (0.5%) in March: Actual (0.6%) 10 April 2026

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Gold holds firm as uncertainty lingers around US-Iran negotiations 10 April 2026

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Canada: Wage strength tempers BoC cut hopes – TD Securities 10 April 2026

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Weaker Pound, Miners Lift FTSE 100, But Still Logs Weekly Loss

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