Bearish divergence and potential for the downside correction.

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AUD/USD holds steady above 0.6300; looks to US NFP for fresh impetus

AUD/USD holds steady above 0.6300; looks to US NFP for fresh impetus

AUD/USD stalls the previous day's pullback from the 0.6400 neighborhood, or over a two-week high, and oscillates in a range during the Asian session on Friday ahead of the US NFP. In the meantime, the USD struggles to lure buyers as Trump's sweeping tariffs lift recession fears, which might force the Fed to resume its rate-cutting cycle soon. 

AUD/USD News
USD/JPY recovers slightly from multi-month low; upside seems limited ahead of US NFP

USD/JPY recovers slightly from multi-month low; upside seems limited ahead of US NFP

USD/JPY attracts some buyers during the Asian session on Friday and moves away from its lowest level since October set the previous day. Investors scale back their expectations that the BoJ would raise policy rate at a faster pace amid worries that Trump's new tariffs could negatively impact Japan's economy, which is seen weighing on the JPY. 

USD/JPY News
Gold holds positive ground above $3,100, all eyes on US NFP data

Gold holds positive ground above $3,100, all eyes on US NFP data

Gold price recovers some lost ground to near $3,115 during the late American session on Thursday after facing some profit-taking in the previous session. Escalating concerns over a global trade war and ongoing geopolitical risks boost the Gold price, a traditional safe-haven asset. 

Gold News
Ethereum: Short-term holders may not impact ETH's price, Pectra mainnet upgrade set for May 7

Ethereum: Short-term holders may not impact ETH's price, Pectra mainnet upgrade set for May 7

Ethereum declined by 3% on Thursday as market participants continued to react to President Donald Trump's announcements regarding reciprocal tariffs. However, the selling pressure may not persist since most ETH short-term holders already sold their assets in March.

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Trump’s “Liberation Day” tariffs on the way

Trump’s “Liberation Day” tariffs on the way

United States (US) President Donald Trump’s self-styled “Liberation Day” has finally arrived. After four straight failures to kick off Donald Trump’s “day one” tariffs that were supposed to be implemented when President Trump assumed office 72 days ago, Trump’s team is slated to finally unveil a sweeping, lopsided package of “reciprocal” tariffs. 

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The Best brokers to trade EUR/USD

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