Apr. 7: American Session
Tatiana Norkina, analyst at FBS
Friday's statistics on employment in the United States keeps having a negative impact on the market sentiment. The U.S. dollar index is sliding today, losing about 0.25%, as of now. Major stock indexes look quite weak as well: S&P500 - -0.65%, DJIA - -0.60%.
Against this background, the EUR/USD pair has grown to the resistance level of 1.3745 today, while GBP/USD has recovered to a powerful level of 1.6615 and is consolidating under it at the moment.
USD/CHF has declined to the 0.8870 support level; USD/JPY is trading slightly above the 103.00 figure.