NFP: Non-Farm Payrolls Prints at +431k, USD in Focus as Q2 Begins
Non-farm Payrolls for the month of March ushers in the Q2 open, with a heavy focus on employment data as the Federal Reserve further tightens policy.
US Dollar (DXY) Picking up a Small Bid Ahead of the Latest US Jobs Report
Today's non-farm payroll will determine the US dollar's short-term direction, but the longer-term outlook for the greenback remains positive
Gold Price Forecast: XAU/USD Caught Between a Rock and Hard Place
Gold prices remain stable via safe-haven bids as the spotlight shifts to the US dollar in the form on NFP and ISM Manufacturing PMI data later today.
Euro Appearing Vulnerable Ahead of Ruble Gas Payments, US NFP
The euro enjoyed somewhat of a relief rally as peace talks showed progress. However, risks to the downside have appeared via gas shortages and strong forecasted NFP data
Japanese Yen Under the Pump Again as PMI Friday Gets Underway. Where to for USD/JPY?
The Japanese Yen resumed weakening today despite a solid PMI number and oil dipping lower. Will the USD/JPY uptrend resume?
Australian Dollar Outlook Might Get a Kick From the RBA. To Hike or Not to Hike?
The Australian Dollar has been rallying but remains below long-term averages with the RBA hesitant until now to tighten. Will CPI boost AUD/USD?
Crude Oil Forecast: WTI Price Drop Extends on US SPR Release, Brent Losses Outpace
Oil prices continue to fall on Friday during Asia-Pacific hours as traders digest the US move to release one million barrels of oil per day from the Strategic Petroleum Reserve.…
EUR/USD Reveres from 50-Day SMA with US NFP Report on Tap
Fresh data prints coming out of the US may drag on EUR/USD as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.
NZD/USD May Fall as APAC Traders Brace for US Jobs Report
The New Zealand Dollar may fall against the US Dollar as Asia-Pacific traders brace for tonight's US jobs report. Asian equity markets may fall after US-listed Chinese tech stocks plunged…
S&P 500 and Nasdaq 100 Plunge at End of Turbulent Quarter, March NFP Eyed
U.S. stocks fall on negative rebalancing flows and sour market sentiment, ending the month in positive territory, but posting their worst quarterly performance since Q1 2020.