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Bias is little more bullish before the employment report On the downside a break back below the 200 day moving average at 108.298 will target the 100 hour moving average at 107.80 area,

US jobs due at 8:30 AM ET. Russian producers say ready for oil production cuts if US, Saudis join The USD is the strongest and the AUD is the weakest as the North American session begins. The string of 113 consecutive job gain months will likely be broken (estimates -100 K), when the US announces […]

AUD/USD is down by over 1% on the day now ForexLive The slippery slope starts to open up again in AUD/USD as sellers drive the pair to the downside on a break below the key hourly moving averages.

USD/JPY starts to look for a key break to the upside ForexLive It is all about the dollar in the currencies space today, as even the softer risk mood isn't quite stopping the greenback from gaining against the yen.

GBP/USD falls to a session low of 1.2304 ForexLive The dollar is continuing to keep firmer on the session and that is pushing cable lower by 0.7% on the day as price continues to rest below the 100-hour MA (red line) in trading today.

The Chinese central bank announces targeted RRR cuts for smaller banks The central bank also says that this will release about ¥400 billion worth of funds into the financial system. The move above was already hinted earlier in the week .

<p>US non-farm payroll employment dropped -701k in March. Two-thirds of the drop occurred in leisure and hospitality. Notable declines also occurred in health case and social assistance, professional and business services, retail trade, and construction. Unemployment rate jumped from 3.5% to 4.4%. That’s the largest over-the-month incre

<p>The Cyprus Securities and Exchange Commission (CySEC) has reached a €150,000 settlement with Naga Markets Europe Ltd. for various regulatory violations between January 2021 and April 2022. The Cyprus-licensed company is part of the publicly listed NAGA Group in Germany and operates the trading brand of the same name.</p><p>Naga

<p>Eurozone retail sales grew 0.9% mom in February, versus expectation of 0.1% mom. The volume of retail trade increased by 2.4% for food, drinks and tobacco and 0.2% for non-food products, while automotive fuels fell by 0.1%. EU retail sales grew 0.8% mom. Among Member States for which data are available, the highest increases in […]

<p>UK PMI Services was finalized at 34.5 in March, down from February’s 53.2. It’s the worst reading since survey began in 1996. PMI Composite was finalized at 36.0, lowest since series began in 1998. Tim Moore, Economics Director at IHS Markit: “”With the UK economy now almost certain to experience a deep contraction