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GBP: Liquidity issues & BoE repricing at play - ING
Over recent months, EUR/GBP has tended to sell off on tariff-related headlines, given that the eurozone is far more exposed to US trade than the UK. Yet EUR/GBP surprised yesterday and spiked higher, ING's FX analyst Chris Turner notes.
GBP/USD: Price action suggests the rally is pausing - UOB Group
Price action suggests the rally is pausing; Pound Sterling (GBP) is likely to trade in a range between 1.3040 and 1.3200 vs US Dollar (USD).
EUR/USD corrects as USD bounces back ahead of US NFP, Fed Powell's speech
EUR/USD corrects below 1.1000 during European trading hours on Friday after posting a fresh six-month high at 1.1145 the previous day.
US NFP: Finally, back to the data - Commerzbank
The US Dollar's direction today is likely to be largely determined by the US Non-Farm Payrolls report, which will be released at 1:30 pm BST. The employment report has taken a back seat in terms of its impact on the USD in recent months due to US tariff policy.
EUR/USD: More likely to pause and trade in a 1.0950/1.1150 range - UOB Group
Outsized rally seems excessive; instead of continuing to rise, Euro (EUR) is more likely to pause and trade in a 1.0950/1.1150 range vs US Dollar (USD).
Why EUR/GBP went up yesterday - Commerzbank
Thursday's trading session saw a number of interesting moves, one of which was the upward movement in EUR/GBP. At first glance, this was a bit surprising, Commerzbank's FX analyst Michael Pfister notes.
Gold price extends correction ahead of Friday's Nonfarm Payrolls release
Gold price (XAU/USD) is falling near 1% on Friday and, in the process, is snapping back below $3,100 to $3,082 at the time of writing.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
EUR: The surprise beneficiary - ING
The euro is proving the surprise beneficiary of the trade-driven sell-off in risk assets, ING's FX analyst Chris Turner notes.
Silver Price Analysis: XAG/USD seems vulnerable to slide further below $31.00 mark
Silver (XAG/USD) adds to the previous day's heavy losses and attracts some follow-through selling for the second successive day on Friday.
Pound Sterling clings to gains against US Dollar as US economy faces shockwaves
The Pound Sterling (GBP) holds onto Thursday's gains above 1.3000 against the US Dollar (USD) during European trading hours on Friday.
Forex Today: US Dollar selloff pauses ahead of NFP, Powell speech
Here is what you need to know on Friday, April 4:
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session.
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Friday, according to FXStreet data.
EUR/INR today: Indian Rupee cross rates down at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data.
USD/CHF slumps to near 0.8550 amid Trump tariff uncertainty, US NFP data in focus
The USD/CHF pair attracts some sellers to around 0.8550 during the early European session on Friday, pressured by the weaker US Dollar (USD). The Swiss Franc (CHF) gathers strength against the Greenback amid an increased risk-off mood by investors.
FX option expiries for Apr 4 NY cut
FX option expiries for Apr 4 NY cut at 10:00 Eastern Time via DTCC can be found below.
German Factory Orders arrives at 0% MoM in February vs. 3.5% expected
The official data published by the Federal Statistics Office showed Friday that Germany's Factory Orders showed no growth in February, suggesting that the country's manufacturing sector is stagnating.
EUR/USD rises above 1.1050 ahead of US NFP release
The EUR/USD pair trades in positive territory for the third consecutive day around 1.1080 during the early European session on Friday bolstered by the broader US Dollar weakness. Investors await the German Factory Orders and US employment report, which will be published later on Friday.
India Gold price today: Gold extends profit-taking decline ahead of US NFP, Powell
After the overnight corrective pullback in Comex Gold from all-time highs, Gold price in India also follows suit on Friday.
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