8 Apr.:American session
Today the index of the US dollar once again shows negative dynamics and remains under pressure of Friday's news on the USA employment rate. At the moment of writing the US dollar loses about 0.52%, by having passed to the area of 79.90 level. At the same time positive trends have emerged in stock markets. S&P increased by 0.15% and DJIA returned back to zero after morning's downfall.
Against such background, EUR/USD pair tests today the figure of 1.3800, making today's peak at the level of 1.3810. Meanwhile there is consolidation in the area, caused by big prepaid volumes of the currency. GBP/USD pair has also been supported by today's release of Industrial production report concerning Great Britain. The exchange rate for the pair soared to the March heights at 1.6750.
US dollar loses its positions as opposed to CHF and JPY. Thus, USD/CHF pair moved downwards to 0.8830 support and USD/JPY has already consolidated under the figure of 102.00.
Tatyana Norkina, an analyst at FBS