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In previous webinars David talked about the potential for Corona being a Black Swan event. Now the dark color bird is here. Ugly for some but beautiful for others lets talk about it. 

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Editors’ Picks

EUR/USD extends slump after NFP shows massive job loss

EUR/USD is trading below 1.08, down on the day. The Non-Farm Payrolls report has shown a loss of 701,000 jobs, worse than expected. The ISM Non-Manufacturing PMI surprised to the upside with 52.5 points. 


USD/JPY: US dollar remains supported vs. yen, NFP non-event

USD/JPY is stabilizing near the 108.00 handle. The level to beat for bulls is the 108.70 resistance. US Nonfarm Payrolls plummeted by 701K in March.


GBP/USD drops below 1.23 amid sour mood, after UK data

GBP/USD has dropped below 1.23 as the market mood sours. Final UK Services PMI dropped to 34.5 points, worse than expected.  


Gold remains confined in a range, moves little post-NFP

Gold extended its sideways consolidative price action around the $1615 region and had a rather muted reaction to the US monthly employment details

Gold News

WTI trades in three-week’s highs near $26.50 a barrel

WTI is jumping from multi-year lows following the US President Trump’s tweet of yesterday (Thursday) suggesting a Saudi-Russian deal was on the pipeline.

Oil News