Market Overview 2018.04.05

05-04-2018 11:26:27
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EUR/USD

During the Asian trade, the euro weakened against the dollar. At around 10:00 hours, Markit’s indicators of economic activity in the service sector for March are expected to be expected in the strongest euro zone economy as well as for the euro zone as a whole, and at 11:00 hours retail data in the euro zone. At around 08:25, the euro is exchanging for $ 1.2266, which at the beginning of the European session shows a gain of 0.09%. At 14:30, a weekly report from the US labor market will be published (on the number of newly employed people) when the balance of the US trade balance for February is announced. All investors expect Friday’s main data this week – the official Non-Farm Payroll.

EUR/USD indicators by SGT Markets Forex Broker and CFD | April 5 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | April 5 2018

GBP/USD

During the Asian trade, the British pound strengthened against the dollar. At 10:30, a March indicator of economic activity in the UK service sector will be published. At around 08:25, this currency pair is at $ 1.4056 per pound, which means a 0.17% pound loss. At 14:30, a weekly report from the US labor market will be published (on the number of newly employed people) when the balance of the US trade balance for February is announced. All investors expect Friday’s main data this week – the official Non-Farm Payroll.

GBP/USD indicators by SGT Markets Forex Broker and CFD | April 5 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 5 2018

USD/JPY

During the Asian trade, the dollar strengthened against the Japanese yen as market participants believe that the chances are that trade disputes between the US and China escalate into a trade war. At around 8:25 am, this currency pair is traded at 106.93 yen per dollar, which makes the dollar stronger at the beginning of the European session than the yen by 0.14%. At 14:30, a weekly report from the US labor market will be published (on the number of newly employed people) when the balance of the US trade balance for February is announced. All investors expect Friday’s main data this week – the official Non-Farm Payroll.

USD/JPY indicators by SGT Markets Forex Broker and CFD | April 5 2018USD/JPY indicators by SGT Markets Forex Broker and CFD | April 5 2018

GOLD

The price of gold is in a downward trend during Asian trade, as the dollar index has slightly increased to the expectation that there will be no escalation in (trade) relations between the United States and China. At around 8:35 am, the price of gold is about $ 1,327 for a fine ounce. At 14:30, a weekly report from the US labor market will be published (on the number of newly employed persons) when the US trade balance for February is announced. All investors expect Friday’s main data this week – the official Non-Farm Payroll. These data may have an indirect impact on the movement of gold prices.

GOLD indicators by SGT Markets Forex Broker and CFD | April 5 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 5 2018

OIL

The price of crude oil was recovered much better yesterday afternoon, as it was reported that the United States reported a strong decline in crude oil reserves of 4.62 million barrels and a growth of 1.4 million was expected. At 08:35 hours, crude oil is traded for about $ 63.59 per barrel, which is a 0.35% increase this morning.

OIL indicators by SGT Markets Forex Broker and CFD | April 5 2018OIL indicators by SGT Markets Forex Broker and CFD | April 5 2018