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EUR/USD steadies near 1.0900 after US jobs report
EUR/USD has managed to return above 1.0900 after having dropped below that level with the initial reaction to the US jobs report, which showed that Nonfarm Payrolls rose by 236,000 in March. Thin trading conditions on Good Friday doesn’t allow the pair to gain directional momentum.
GBP/USD holds above 1.2400 following NFP-inspired decline
GBP/USD recovered modestly after falling below 1.2400 with the knee-jerk reaction to the mixed March jobs report from the US. US stock markets will remain closed on Good Friday and US bond markets will end the day early, possibly causing the market action to remain subdued.
Gold eyes increased volatility at the opening next week
Gold price settled above $2,000 but it could face increased volatility at the beginning of next week with investors assessing the March jobs report from the US. The Unemployment Rate dropped to 3.5% with a 236K increase in Nonfarm Payrolls but wage inflation continued to soften in the US.