Results of the last trading day:
In Thursday, April 5, trading in the euro / dollar ended lower against the general strengthening of the US dollar and increasing the profitability of 10-year US bonds. Increase in the dollar index (DXY) contributed to the reduction of tension in trade relations between the US and China. US authorities have expressed their desire to negotiate. EUR / USD dropped to 1.2218. By the close of the day the price rebounded to 1.2239.
Planned statistics (GMT +3):
At 10:00 Switzerland publishes its volume of foreign exchange reserves in March.
At 10:45 a speech by the representative of the ECB Ker.
At 15:30 Canada will release employment report for March, US - NFP report (jobs in non-farm payrolls, unemployment rate, average s / n).
At 17:00 Canada will present PMI Ivey PMI for March.
18:15 In a speech made by the head of the Bank of England Governor Mark Carney.
At 20:00 Baker Hughes will publish weekly data on drilling rigs.
At 20:30 will make a speech Fed Chairman Powell.
Fig. 1 euro / dollar, hour period. Data source: TradingView
From the line lb euro fell to 1.2218. In Asia, the price rises to 1.2260. Markets reeling again due to new applications Donald Trump addressed to China. He instructed the country's trade authorities to consider the introduction of additional tariffs on Chinese goods to $ 100 billion.
States believes that China incorrectly entered, raising tariffs on US goods. Japanese yen, Swiss franc and gold, then rose and is now traded in the green zone.
Because of the flight to safety assets and uncertainty on the currency market swings continue. employment report in the US, which will be released in the US session at 15:30 (GMT +3), as well as the speeches of the heads of the Bank of England and the Fed would support market volatility at a high level. On the day peyrolsa I do not do predictions.
Forex Forecast EUR / USD today Vladislav Antonov Alpari