12.00 MSK. EuroZone CPI March (the previous value of 1.1% g / g; forecast 1.4% g / g).
15.15 MSK. USA: Change in the number of employees from ADP in March (the previous value of 235K; 206K forecast).
Forex euro dollar forecast EUR / USD today 04/04/2018
Currency traders on EUR / USD today are two reasons for selling:
First, the yield on German 10-year bonds in the debt market falls to the British and American, it will put pressure on the euro.
Second, today the players should not expect a positive US employment report from the agency ADP, a short-term dollar support. We are waiting for a positive report on the background of unemployment reduction in manual applications. Report on inflation in the eurozone in March, it is likely will be released at the level of the median forecasts that will not support the single European currency. It is difficult to expect an increase in inflation in Europe as the euro has grown in the last few months, and this is traditionally a negative factor for the consumer price index.
EUR / USD recommendation: Sell 1,2285 / 1,2310 and take profit 1,2239.
Exchange rate gbp usd forex forecast GBP / USD today 04/04/2018
forex players for GBP / USD should be used for the growth of the sterling Sell open short positions. The differential return of 10-year bonds the UK and the US credit market is reduced, it will negatively affect quotes the Briton. As already noted, the States may please market participants positive employment report from the ADP, which will generate short-term demand for greenbacks. Today is probably a moderate decrease of the British currency quotes, as in the evening you can expect positive data on oil reserves in the US that will support oil quotes and positive impact on the pair GBP / USD, due to its correlation with Brent oil. The American Petroleum Institute this morning signaled the reduction of hydrocarbon reserves at 3.28 million. Bar., Indicating a positive report output at 17.30 MSK.
GBP / USD recommendation: Sell 1,4120 / 1,4140 and take profit 1,4065.
Forex dollar to yen forecast USD / JPY today 04/04/2018
Forex traders today is to buy USD / JPY, based on the continuation of the uptrend.
The first reason for the growth rate of the Dollar Yen - is the positive dynamics of the debt market, where the 10-year US and Japanese government bond yield spread shows growth.
The second reason - it is the demand for risky assets. USD / JPY The pair is highly correlated with the world's leading stock exchanges. On the eve of US indices showed strong growth of quotations, and the fear indicator VIX S & P500 fell 10%. Such dynamics indicates an uptrend in the pair USD / JPY.
USD / JPY recommendation: Buy 106,45 / 106,20 and take profit 107,05.
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