Apr. 2: American Session
Tatiana Norkina, analyst at FBS
According to ADP, the change in the number of employed in the non-agricultural sector of the U.S. economy amounted to 191 000 people, instead of the 195 000 expected by analysts. The previous number on the revised data was 178 000. It has positively affected the U.S. dollar index which returned to the 80.35 level again and keeps adding 0.12% today. Major U.S. stock indexes demonstrate growth as well: S&P500 - +0.23%, DJIA - +0.15%.
In the meantime, the EUR/USD pair has fallen to the 1.3770 support, thus reversing the three-day growth down. On the contrary, USD/CHF has recovered to the 0.8860 resistance.
Negative statistics on the UK has prevented the GBP/USD pair from recovering. The currency pair has tested the 1.6660 mark and returned to the ambiguity area on the hourly chart, sliding to the 1.6635 area. Consolidation continues.
The USD/JPY pair has tested a new figure - 104.00 - this morning. 10 pips before it, the market was forced to adjust due to overboughtness. Trades are being held in the 103.70 area, positive trend is present.