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USD/CAD edges higher after strong US NFP
The USD/CAD rises some 0.14% on Friday after an outstanding employment report in the US, which nearly tripled economists' projections, according to the US Bureau of Labor Statistics (BLS).
United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March
United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March
United States S&P Global Services PMI came in at 49.8 below forecasts (51.1) in March
United States S&P Global Services PMI came in at 49.8 below forecasts (51.1) in March
EUR/USD shows limited reaction to upbeat US jobs report amid thin holiday liquidity
EUR/USD trades in a tight range on Friday as a stronger-than-expected US Nonfarm Payrolls (NFP) report lends support to the US Dollar (USD), while the Euro (EUR) holds relatively steady amid thin liquidity conditions due to the Good Friday holiday.
US President Trump: We can easily reopen the Hormuz Strait
United States President Donald Trump is on the wires on Good Friday, claiming on Truth Social that the US can easily reopen the Strait of Hormuz, take the oil, and make a fortune.
Rio Tinto (RIO): A rising trendline that has earned its reputation, and $98.00 is the next test
Something caught my attention on the daily chart of Rio Tinto (RIO) this week, and it wasn't the sharp recovery off the recent lows, though that's worth noting too. It was the trendline underneath all of it.
Pound Sterling Price News and Forecast: GBP/USD trades slightly higher in thin holiday trade
The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support.
United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March
United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March
United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%)
United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%)
United States Average Weekly Hours below forecasts (34.3) in March: Actual (34.2)
United States Average Weekly Hours below forecasts (34.3) in March: Actual (34.2)
United States Labor Force Participation Rate declined to 61.9% in March from previous 62%
United States Labor Force Participation Rate declined to 61.9% in March from previous 62%
United States Unemployment Rate came in at 4.3% below forecasts (4.4%) in March
United States Unemployment Rate came in at 4.3% below forecasts (4.4%) in March
United States Nonfarm Payrolls above forecasts (60K) in March: Actual (178K)
United States Nonfarm Payrolls above forecasts (60K) in March: Actual (178K)
United States U6 Underemployment Rate fell from previous 7.9% to -8% in March
United States U6 Underemployment Rate fell from previous 7.9% to -8% in March
USD/JPY trades sideways before US jobs report with intervention risks in focus
USD/JPY trades flat on Friday, fluctuating between minor gains and losses as thin holiday liquidity keeps price action subdued. At the time of writing, the pair is trading around 159.58, with traders staying on the sidelines ahead of the US Nonfarm Payrolls (NFP) report.
Euro is looking for direction with all eyes on US Nonfarm Payrolls data
The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway through March’s trading range.
India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B
India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B
AUD/USD eases toward 0.6900 heading into the US NFP release
The Australian Dollar’s (AUD) recovery attempt against the US Dollar (USD) has been capped a few pips ahead of the 0.6920 level. The pair has been trimming gains on Friday, returning to the 0.6900 area at the time of writing, with all eyes on the release of the US Nonfarm Payrolls report.
GBP/USD trades slightly higher in thin holiday trade ahead of US NFP
The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support.
NZD/USD hovers above mid-term lows at 0.5700 with US NFP on tap
The New Zealand Dollar (NZD) is showing the weakest performance among major currencies in an otherwise calm Good Friday session, with most markets closed on bank holidays.
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