Today’s Important Indicators – Data wise today there’s enough news to have an impact, notably UK services PMI, US ADP and ISM.

Today’s Forecast for Important Trading Indicators

 Time in GMT Country Indicator Expected Previous
09:30 UK Services PMI 53.5 53.3
13:15 US ADP Non-Farm Employment 184k 298k
15:00 US ISM non-Manufacturing PMI 57.0 57.6
15:30 US Crude Oil Inventories -0.1 Mln 0.9 Mln

Asian Session Market Movers

Ranges remained tight for currencies vs. the USD overnight. Analysts spent most of the session looking for reasons as to why nothing was happening.

However it is FOMC Minutes day in the US today, this may be the reason for the subdued moves; markets may also be waiting for the Trump-Xi meeting on Thursday and Friday.

USD/JPY saw some minor attention reaching a high of 110.90 but then made its way back down and remained unchanged for the session.

The Bank of Japan reduced the amount of 1-3 year JGBs it purchased, as they advised they would do in April.

EUR, CHF, GBP, AUD, NZD strengthened slightly against the greenback, but still within the confines of a tight range. Gold, oil also remains within tight ranges.

Fundamental Analysis – The Driving Force Behind Market Moves

FXPrimus invites all traders to attend the latest popular webinar by Peter Petrou, helping to equip you with the skills to trade.

Peter Petrou, Market Expert on 6th April, 2007 at 13:00 (GMT+3).

What You’ll Learn:

The reason markets move is not because of a moving average cross over or a stochastic indicator.
The markets are driven by Fundamentals.
Understand why interest rates matter, central banking policy, and learn how to follow the worlds leading central bankers.

Who can register:

This informative Advanced Webinar series is available exclusively to clients of FXPRIMUS with a minimum account balance of USD 1000, or currency equivalent.

Register today to secure your place on this popular webinar series.

FXPrimus Official Website

1

XMXM

4.9 rating based on 1,168 ratings
4.9/5 1168
2

DerivDeriv

4.9 rating based on 144 ratings
4.9/5 144
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,449 ratings
1.9/5 4449
5

BitMEXBitMEX

3.8 rating based on 6,911 ratings
3.8/5 6911