FX Weekly Recap: March 30 – April 3, 2026
Geopolitics, a blowout jobs report, and a surprise Swiss PMI kept traders guessing all week. Here’s how each major currency held up.
Geopolitics, a blowout jobs report, and a surprise Swiss PMI kept traders guessing all week. Here’s how each major currency held up.
Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment 4.256%% vs 4.441% prior Participation rate 61.9% vs 62.0% prior U6 underemployment rate 8.0% vs 7.9% prior Average hourly earnings +0.2% m/m vs +0.3% expected Average hourly earnings +3.5%…
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Strong payrolls and firmer yields keep Sterling on the back foot The…
2026.04.03 2026.04.03 USD/JPY: Elliott Wave Analysis and Forecast for 03.04.26–10.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 158.20 with a target of 161.00–163.00. A buy signal: the price holds above 158.20. Stop Loss: below 158.20, Take Profit: 161.00–163.00. Alternative scenario: Breakout and consolidation below the level of 158.20…
Trump posted this on Truth Social: With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A “GUSHER” FOR THE WORLD??? President DONALD J. TRUMP Trump initially pitched a 4-6 week timeline for this war and then repeatedly said they were ahead of schedule. Today marks the…
GBP/USD slips after blockbuster NFP revives Fed hold outlook bets The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Read More… GBP/USD trades slightly higher…
2026.04.03 2026.04.03 WTI Crude Oil: Elliott Wave Analysis and Forecast for 03.04.26–10.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 93.07 with a target of 126.00–150.00. A buy signal: the price holds above 93.07. Stop Loss: below 93.07, Take Profit: 126.00–150.00. Alternative scenario: Breakout and consolidation below 93.07 will…
A single survey miss rarely stops traders in their tracks, but a 27-point collapse in a leading indicator is a different conversation entirely.
The July 1 deadline for the USMCA six-year review is approaching and almost nobody in trade circles believes it will be met cleanly. A Scotiabank-hosted event in Mexico City this week with CSIS fellow Diego Marroquín Bitar laid out why, and the takeaway is straightforward: expect a drawn-out, painful process that extends well into 2027, with plenty of uncertainty…
The USD/CAD rises some 0.14% on Friday after an outstanding employment report in the US, which nearly tripled economists’ projections, according to the US Bureau of Labor Statistics (BLS). At the time of writing, the pair trades at 1.3936 on thin liquidity trading as most global markets remain shut due to Good Friday. Strong payrolls revive Fed hold bets…