The US dollar steadied against most of its peers on Friday, and gave up its early gains.

Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns.

The International Monetary Fund raised its projections for the global GDP to grow by 6% in 2021.

The IMF also estimated the US economy to grow to 6.4% in 2021 based on the Federal Reserve's forecasts.

Data showed that the US producer price index rose 1% in March, beating forecasts of a rise by 0.5%.

The dollar index rose against a basket of major currencies 0.1% to 92.1 points as of 17:53 GMT, after hitting a high of 92.4 points and a low of 92.03 points.

Gold prices fell on Friday, as the US dollar edged up against most of its peers, but the precious metal posted weekly gains.

The International Monetary Fund raised its projections for the global GDP to grow by 6% in 2021.

The IMF also estimated the US economy to grow to 6.4% in 2021 based on the Federal Reserve's forecasts.

Data showed that the US producer price index rose 1% in March, beating forecasts of a rise by 0.5%.

The dollar index rose against a basket of major currencies 0.1% to 92.1 points as of 17:53 GMT, after hitting a high of 92.4 points and a low of 92.03 points.

Gold June futures fell 0.8% or $13.4, and closed at $1744.8 an ounce, with a weekly gain of 1%.

Palladium prices rose on Friday, shrugging off rising US dollar, as the industrial metal was lifted by expectations of the global demand recovery.

The International Monetary Fund raised its projections for the global GDP to grow by 6% in 2021.

Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns.

The IMF also estimated the US economy to grow to 6.4% in 2021 based on the Federal Reserve's forecasts.

The dollar index rose against a basket of major currencies 0.3% to 92.3 points as of 13:22 GMT, after hitting a high of 92.4 points and a low of 92.03 points.

Palladium June futures rose 0.45% to $2,639.5 an ounce as of 13:46 GMT, with a high of $2,641 and a low of $2,615.

The Canadian dollar held steadily against most of its peers on Friday following the release of strong jobs data.

The Canadian employment change reading for March showed that the economy has added 303.1K new jobs, beating forecasts of 101.5K jobs.

Canada's unemployment rate reading fell to 7.5%, beating forecasts of 8%, and better than the previous reading of 8.2%. 

The International Monetary Fund raised its projections for the global GDP to grow by 6% in 2021.

Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns.

As of 15:21 GMT, CAD/USD rose less than 0.1% to 0.7964, after hitting a high of 0.7975, and a low of 0.7929.