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<p>The American currency has been declining. The US dollar index (#DX) closed in the negative zone (-0.23%) yesterday. Financial market participants have started partially fixing positions on the US dollar before today’s labor market report. Experts forecast a decrease in the number of jobs in the US economy by 22.1 million in April. Th

The Canadian employment report released on Friday showed a negative change in employment by a record of 1.99 million. According to analysts at Wells F

Economic data to be released next week in the US includes April’s CPI. According to analysts at National Bank of Canada, the headline inflation likely

The US unemployment rate jumped in April to a record high to 14.7% Analysts at Standard Chartered estimate the effective unemployment rate stands at 2

Analysts at Rabobank expect spot Brent prices to be anchored at $30 a barrel until the glut of crude oil storage anchored offshore is worked off in th

The euro’s reversal from Thursday’s high at 0.8789 has been contained above 0.8800 on Friday which leaves the pair moving sideways, trapped within a 1

Analysts at MUFG Bank see the USD/CNY pair moving with a neutral bias, in the range 7.0800/7.1500 next week. Key Quotes: “Heading into the NPC we are

The Federal Reserve Bank of New York announced on Friday that it will purchase approximately $7 billion in Treasury securities every day next week. Wi

GBP/USD is trading below the main SMAs on the four-hour chart as the spot is rebounding from the current May lows. However, bulls are facing a tough resistance

The aussie has extended gains on Friday favoured by a brighter market sentiment triggered by emerging plans to ease COVID-19 restrictions and broad-ba