Market Overview 2018.04.06

06-04-2018 11:25:23
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EUR/USD

During the Asian trade, the euro weakened against the dollar. At around 08:25, the euro is exchanging for $ 1.2213, which at the beginning of the European session shows a lost of 0.11%. All investors will expect today’s main data – the official Non-Farm Payroll and Unemployment Rate at 14:30 GMT+2.

EUR/USD indicators by SGT Markets Forex Broker and CFD | April 6 2018 EUR/USD indicators by SGT Markets Forex Broker and CFD | April 6 2018

GBP/USD

During the Asian trade, the British pound weakened against the dollar the dollar. At 17:15 GMT+2 Band of England’s Governor Mark Carney will held a speech and his comments my spark a short term positive or negative trend but the biggest event today is the official Non-Farm Payroll and Unemployment Rate at 14:30 GMT+2.   At around 08:25, this currency pair is at $ 1.3981 per pound, which means a 0.15% pound loss.

GBP/USD indicators by SGT Markets Forex Broker and CFD | April 6 2018 GBP/USD indicators by SGT Markets Forex Broker and CFD | April 6 2018

USD/JPY

During the Asian trade, the dollar strengthened against the Japanese yen as market participants are positioning them self for the official Non-Farm Payroll and Unemployment Rate at 14:30 GMT+2. For the Japanese YEN there are no significant economic events today.  At around 8:25 am, this currency pair is traded at 107.44 yen per dollar, which makes the dollar stronger at the beginning of the European session than the yen by 0.09%.

USD/JPY indicators by SGT Markets Forex Broker and CFD | April 6 2018 USD/JPY indicators by SGT Markets Forex Broker and CFD | April 6 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 $ 1328.07 for a fine ounce. All investors will expect today’s main data – the official Non-Farm Payroll and Unemployment Rate at 14:30 GMT+2. These data may have an indirect impact on the movement of gold prices.

GOLD indicators by SGT Markets Forex Broker and CFD | April 6 2018 GOLD indicators by SGT Markets Forex Broker and CFD | April 6 2018

OIL

The price of crude oil is in a small range from Wednesday , 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 and now currently all investors will expect today’s main data – the official Non-Farm Payroll and Unemployment Rate at 14:30 GMT+2. These data may have an indirect impact on the movement of gold prices. At 08:35 hours, crude oil is traded for about $ 62.89 per barrel, which is a 0.35% increase this morning.

OIL by SGT Markets Forex Broker and CFD | April 6 2018 OIL indicators by SGT Markets Forex Broker and CFD | April 6 2018