AUD/USD experiences a decline, settling at approximately 0.6885 during the early hours of Monday’s Asian session. In March, Nonfarm Payrolls saw an increase of 178K, surpassing expectations. Westpac analysts project three more rate increases in 2026 as a measure to address inflationary pressures. The AUD/USD pair continues its downward trend, approaching 0.6885 in the early … Read more
In the early European session on Friday, AUD/USD gains strength around 0.6900. In May, June, and August of 2026, the RBA is predicted by Westpac analysts to raise the cash rate by 25 basis points. Later on Friday, traders prepare for the US employment data for March. During Friday’s early European trading hours, the AUD/USD … Read more
On Good Friday, April 3, 2026, GBP/USD is positioned around $1.3230, maintaining slight gains from the Asian trading session following a decline exceeding 0.5% during Thursday’s turbulent market conditions. Trading volume in all currency pairs is currently at significantly reduced levels due to the Good Friday holiday, which has led to minimal staffing on institutional … Read more
On Good Friday, April 3, 2026, the EUR/USD exchange rate hovers around $1.1540, exhibiting consolidation within a remarkably tight range of $1.1530 to $1.1550. This movement occurs during one of the year’s most subdued and illiquid foreign exchange sessions. The majority of significant equity markets are currently not operational. The bond markets will close at … Read more
March Nonfarm Payrolls recorded 178,000 on Friday — a figure that significantly exceeded the 57,000 consensus estimate and altered the prevailing narrative regarding the fragility of the US labor market that had been developing since February’s alarming -92,000 print, which marked the most severe single-month employment decline in recent history. The unemployment rate exceeded projections. … Read more
GBP/USD is currently positioned around 1.3160, showing minimal movement after a period of erratic trading influenced by differing monetary policy perspectives from the Bank of England and the Federal Reserve. The pair briefly hit 1.3185, a resistance level aligned with its 20-day Simple Moving Average, before retreating as demand for the U.S. Dollar rose in … Read more