EUROPEAN SESSION

Today it’s Good Friday. Most markets are closed and liquidity in the FX market is thinner. We don’t have anything on the agenda in the European session, so you can expect a rangebound price action unless there’s some big developments on the US-Iran front.

AMERICAN SESSION

In the American session, the only highlight is the US NFP report which could have been delayed given the holiday. Anyway, the data is unlikely to matter much.

The consensus sees 65K jobs added in March compared to -92K in the prior month. The unemployment rate is expected to remain unchanged at 4.4%. The Average Hourly Earnings Y/Y is expected at 3.7% vs 3.8% prior, while the M/M measure is seen at 0.3% vs. 0.4% prior.

CENTRAL BANK SPEAKERS

• 06:00 GMT/02:00 ET – ECB’s Radev (neutral – voter)

This article was written by Giuseppe Dellamotta at investinglive.com.



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