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AUD/USD drifts lower toward 0.6300; looks to US NFP for fresh impetus
AUD/USD heads toward 0.6300 early Friday, resuming the pullback from near 0.6400. The pair remains on a slippery slope despite a weaker US Dollar. US-China trade tensions and increased odds of Trump's tariffs-led global recession undermine the risk-sensitive Aussie. All eyes on US NFP and Powell.
USD/JPY holds recovery near 146.00; upside seems limited ahead of US NFP
USD/JPY trades close to 146.00, holding its recovery in the Asian session on Friday. Investors dial down bets of aggressive BoJ rate hikes, amid worries that Trump's new tariffs could negatively impact Japan's economy, helps the pair sustain its latest upswing. But buyers remain wary ahead of US NFP and Powell.
UPCOMING CALENDAR EVENTS
|
GMT
|
Event
|
Vol.
|
Actual
|
Consensus
|
Previous
|
|---|---|---|---|---|---|
| Thursday, Apr 03 | |||||
| 16:30 |
|
|
|
|
|
| 18:25 |
|
|
|
|
|
| 23:30 |
|
-0.5%
|
-1.7%
|
0.8%
|
|
| Friday, Apr 04 | |||||
| 06:00 |
|
|
|
-2.6%
|
|
| 06:00 |
|
|
3.5%
|
-7.0%
|
|
| 06:45 |
|
|
0.3%
|
-0.6%
|
|
| 07:00 |
|
|
|
-1%
|
|
| 08:00 |
|
|
|
0.9%
|
|
| 08:00 |
|
|
0.2%
|
-0.4%
|
|
| 08:00 |
|
|
|
2.3%
|
|
| 08:00 |
|
|
|
|
|
| 08:30 |
|
|
46.7
|
44.6
|
|
| 12:30 |
|
|
|
62.4%
|
|
| 12:30 |
|
|
4.1%
|
4.1%
|
|
| 12:30 |
|
|
0.3%
|
0.3%
|
|
Editors’ Picks
Gold: Will Powell and Payrolls drive the next leg higher?
Gold price is taking a breather early Friday after witnessing a volatile trading day on Thursday. Traders are consolidating the weekly gains, slightly away from the record high of $3,168, bracing for the US Nonfarm Payrolls report and US Federal Reserve Chair Jerome Powell’s speech for a fresh directional impetus.
What to expect from Bitcoin and XRP following Trump tariffs: Experts weigh in
Bitcoin stretched its decline on Thursday, briefly dropping below $83,000 as President Trump's newly announced reciprocal tariffs extended the crypto market downturn by over 4%. The sustained decline and high volatility highlight Bitcoin's increasing risk to macroeconomic uncertainties.
XRP Price Prediction: Bearish technicals, on-chain indicators signal 68% potential crash
XRP faces increasing bearish sentiment from macro, micro and fundamental factors in April. Weak on-chain indicators ranging from network growth, total supply and active addresses reinforce an impending crash.