What you need to know on Monday, April 5: Risk -on took over financial markets on Friday, as the US added 916K new jobs in March, while upwardly revised the January and February figures. Stocks markets were closed amid Good Friday, but DJIA and S&P futures surged to unexplored territory. US Treasury yields ticked higher, with the yield on the benchmark 10-year note settling on Friday at 1.71%. Most Asian and European markets will remain closed on Monday, amid an extension of the Easter Holiday. American markets will operate normally. The EUR/USD pair settled at 1.1760, maintaining its bearish stance. The pound managed to post a modest advance despite the dollar’s strength backed by upbeat US employment data, but its bullish potential is limited. The pair settled around 1.1830. Over the weekend, the UK reported that more than 5 million people receiver their second dose of a vaccine, which means roughly 10% of the population is now protected. There was no activity around gold and oil on Friday, as the due markets were closed. Commodity-linked currencies were under mild pressure, as the bullish tone of equities partially offset the greenback’s strength. USDCAD settled at 1.2570, while AUD/USD finished the week around 0.7600. The latter is close to confirming a Head & Shoulder formation and may fall over 400 pips in the next days. XRP Price Prediction: Ripple gears up for a 73% bull rally FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Forecast April 5-9 – Euro dips for third straight week Kenny Fisher 1 year What you need to know on Monday, April 5: Risk -on took over financial markets on Friday, as the US added 916K new jobs in March, while upwardly revised the January and February figures. Stocks markets were closed amid Good Friday, but DJIA and S&P futures surged to unexplored territory. US Treasury yields ticked higher, with the yield on the benchmark 10-year note settling on Friday at 1.71%. Most Asian and European markets will remain closed on Monday, amid an extension of the Easter Holiday. American markets will operate normally. The EUR/USD pair settled at 1.1760, maintaining its bearish stance.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
