ForexLive @ForexLive Chief Editor Adam Button @FX_Button points out that the latest Non Farm Payrolls report was disappointing with all numbers being weak. The story is again that Fed would look that and they will think that the still need to wait for the right signals to start rising hikes.


Stocks can go higher a bit, but Greece is looming. It's the start of the quarter and the second half of the year so flows are a little bit choppy.


Button expect a comeback in the USD/JPY and a Dollar higher against commodity currencies.

General Risk Warning for stocks, cryptocurrencies, ETP, FX & CFD Trading. Investment assets are leveraged products. Trading related to foreign exchange, commodities, financial indices, stocks, ETP, cryptocurrencies, and other underlying variables carry a high level of risk and can result in the loss of all of your investment. As such, variable investments may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall Witbrew LLC and associates have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to investment trading or (b) any direct, indirect, special, consequential or incidental damages whatsoever.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD advances to near 1.0750 as risk appetite regains balance

EUR/USD advances to near 1.0750 as risk appetite regains balance

EUR/USD extends its winning streak for the third successful day, trading around 1.0730 during the Asian session on Friday. The risk-sensitive currencies like the Euro gain ground as risk appetite regains balance ahead of US Nonfarm Payrolls.

EUR/USD News

GBP/USD trades on a stronger note 1.2530, all eyes on US NFP data

GBP/USD trades on a stronger note 1.2530, all eyes on US NFP data

The GBP/USD pair trades on a stronger note around 1.2540 amid the softer US Dollar on Friday. The US Federal Reserve Chair Jerome Powell delivered a modest dovish message after the meeting on Wednesday, which weighs on the Greenback.

GBP/USD News

Gold lacks firm near-term direction, remains stuck in a range ahead of US NFP

Gold lacks firm near-term direction, remains stuck in a range ahead of US NFP

Gold price struggles to gain any meaningful traction amid mixed fundamental cues. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support. Bets for a delayed Fed rate cut and a positive risk tone cap gains ahead of the US NFP.

Gold News

Solana price pumps 7% as SOL-based POPCAT hits new ATH

Solana price pumps 7% as SOL-based POPCAT hits new ATH

Solana price is the biggest gainer among the crypto top 10, with nearly 10% in gains. The surge is ascribed to the growing popularity of projects launched atop the SOL blockchain, which have overtime posted remarkable success.

Read more

US NFP Forecast: Nonfarm Payrolls gains expected to cool in April

US NFP Forecast: Nonfarm Payrolls gains expected to cool in April

The United States Employment report will be released by the Bureau of Labor Statistics at 12:30 GMT. The US Dollar looks to employment data after the Fed signaled its intention to hold rates higher for longer on Wednesday.

Read more

Majors

Cryptocurrencies

Signatures