Market Update

On Friday, the Russian ruble fell to its lowest level against the dollar and the euro since April 2022, crossing the 90 ruble barrier against the euro amid a foreign currency crisis and the sale of Western companies in Russia. The ruble fell 1.1% against the dollar to 82.28 by …

China’s foreign exchange reserves rose in March, official data showed on Friday, as the dollar fell against other major currencies. The country’s foreign exchange reserves – the world’s largest – rose $51 billion to $3.184 trillion last month, compared with $3.149 trillion tipped by a Reuters poll of analysts and …

Japan’s Nikkei rose on Friday, trimming its weekly losses, as sentiment was boosted by a weaker yen and Wall Street closing higher overnight. The Nikkei index ended Friday’s trading, up 0.17 percent, at 27,518.31 points. However, it remained far from the high it recorded early in the session at 27,591.15 …

On Friday, when markets are closed worldwide for Easter, the official US jobs report will be issued. March nonfarm payroll growth is anticipated to be 240,000. With volatility rising around the NFP publication, trading volume is anticipated to be low. There won’t be much activity before or after. Holidays and …

On Friday, when markets are closed worldwide for Easter, the official US jobs report will be released. The increase in nonfarm payrolls for March is anticipated to be 240,000. The trade volume on Friday is probably going to be thin, with volatility spiking around the NFP report. There won’t be …

Initial Jobless Claims for April 1 increased to 228,000, above projections of 200,000, signaling a softening of the US labour market. Since Wall Street is expected to complete the week with gains, with the exception of the Dow Jones, which fell by 0.02%, the AUD/USD extends its losses to three …

The USD/CAD pair has a tendency to move downward, and the current upswing may reach a ceiling around 1.3568/75. At 1.3705, the cycle high set on December 16, there is still room for USD/CAD to rise.The USD/CAD is making a three-day rebound after plummeting towards 1.3400, but it is still …

In tumultuous trading on Thursday, the S&P 500 and Nasdaq gained, aided in part by a surge in Alphabet shares as investors anticipated new jobs data in the wake of recent indications of a slowing economy. Alphabet Inc. increased by 3.5%, and Microsoft increased by 2.2%, both of which contributed …

Silver’s price endures two consecutive declines near its YTD highs of $25.13, but it is unable to cross the $25.00 per troy ounce threshold. After hitting a day high of $25.00, the XAG/USD is trading at $24.95 at the time of writing. The price movement of the white metal, sometimes …

Ahead of important US data inputs, the EUR/USD is stagnant. The crucial Nonfarm Payrolls are now the main topic of discussion.In late New York, the EUR/USD is trading at its lowest point of the day amid holiday calm. At hourly resistance, the pair is currently trading at 1.0930. The pair …