Turkey Consumer Price Index (YoY) registered at 30.87%, below expectations (31.4%) in March
Turkey Consumer Price Index (YoY) registered at 30.87%, below expectations (31.4%) in March
EUR/JPY Price Forecast: Gathers strength to near 184.00, bullish bias persists above 100-day EMA
The EUR/JPY cross gathers strength around 184.15 during the early European session on Friday. Trading volumes are likely to be thin due to the Good Friday holiday.
Japanese Yen struggles due to BoJ’s rate hike uncertainty
USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday.
France Industrial Output (MoM) below forecasts (0%) in February: Actual (-0.7%)
France Industrial Output (MoM) below forecasts (0%) in February: Actual (-0.7%)
USD/CAD holds gains above 1.3900 with all eyes on US jobs data
The US Dollar (USD) keeps the upper hand against its Canadian counterpart on Friday, trading near 1.3925 at the moment of writing, with the 1.3966 year-to-date high at a relatively short distance.
Forex Today: Markets turn cautious, all eyes on US NFP data
Here is what you need to know on Friday, April 3:
USD/CHF stays near 0.8000 due thin trading on Good Friday
USD/CHF remains steady after registering over 0.5% gains in the previous day, trading around 0.7980 during the Asian hours. The pair moves little as trading activity may remain subdued due to the Good Friday holiday.
GBP/USD Price Forecast: Rebounds toward 1.3250 near nine-day EMA
GBP/USD holds gains after registering over 0.5% losses in the previous day, trading around 1.3230 during the Asian hours on Friday. The technical analysis of the daily chart indicates an ongoing bearish bias, as the pair remains within the descending channel pattern.
Russia S&P Global Services PMI declined to 49.5 in March from previous 51.3
Russia S&P Global Services PMI declined to 49.5 in March from previous 51.3
Australian Dollar gains traction ahead of US jobs report
The AUD/USD pair gains ground near 0.6900 during the early European trading hours on Friday. Hawkish tone from the Reserve Bank of Australia (RBA) underpins the Australian Dollar (AUD) against the Greenback. Trading volumes are likely to be thin due to the Good Friday holiday.
WTI trades near $104.00 after 10% surge on Trump’s Iran threats
West Texas Intermediate (WTI) oil price rises over 10% after two days of losses, trading around $103.80 per barrel during the Asian hours on Friday. Crude oil prices surged as markets reassessed the scale of supply risks stemming from the ongoing conflict in the Persian Gulf.
NZD/USD declines to near 0.5700 on weak Chinese PMI, US NFP data looms
The NZD/USD pair extends the decline to a near four-month low around 0.5710 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) on the downbeat Chinese economic data and heightened geopolitical tensions in the Middle East.