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LIVE: Nonfarm Payrolls expected to show hiring pickup, dollar set to rock

After Fed Chair Powell sent the dollar surging with his reluctance to halt the bond yield rise, all eyes are on February´s Nonfarm Payrolls figures. An increase of 182K jobs is expected. Live coverage.

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EUR/USD slides to new 2021 low on dollar strength, ahead of Nonfarm Payrolls

EUR/USD has hit a new trough near 1.19, the lowest level since December 2020. Fed Chair Powell's reluctance to lower US bond yields is boosting the dollar. The Nonfarm Payrolls report is set to show an increase of 182,000 jobs.

EUR/USD News

XAU/USD turns south once again, eyes $1670 ahead of NFP

XAU/USD consolidates the downside within a pennant on the 1H chart. RSI has turned south while trending well below the midline. US NFP holds the key as gold struggles below $1700.

Gold News

Crypto market bleeds after Bitcoin’s rejection at $52,000

The cryptocurrency market is still suffering from the impact of Bitcoin’s rejection of $52,000 for the second time in less than two weeks. Declines are likely to gain momentum, with BTC already trading under $50,000.

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US Dollar Index: Upside momentum now looks to 92.46

DXY accelerates the march north and clinches new yearly highs just above 92.00 the figure on Friday.

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