USD/JPY under pressure as markets price in a BoJ rate hike.The Bank of Japan's communication is becoming a key driver for USD/JPY as markets increasingly price in a possible rate hike. Investors are watching whether the BoJ signals a broader tightening cycle, which could strengthen the yen and push the pair lower.

Pound Sterling Price News and Forecast: Slips after blockbuster NFP revives Fed hold outlook bets.Pound Sterling Price News and Forecast: Slips after blockbuster NFP revives Fed hold outlook bets

USD/JPY weakens despite strong US NFP as intervention risks cap gains.USD/JPY weakens despite strong US NFP as intervention risks cap gains

Natural Gas Price Analysis – Natural Gas Continues to Drag Along Bottom.Natural gas continues to see a lot of downward pressure, as the demand for heating is almost nonexistent in the US.

Crude Oil Price Analysis – Oil Continues to Wait for Headlines.The oil market will remain one of the most important markets to follow and watch for clues about risk appetite.

US S&P Global Services PMI posts first contraction since 2023.US S&P Global Services PMI posts first contraction since 2023

United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March.United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March

United States S&P Global Services PMI came in at 49.8 below forecasts (51.1) in March.United States S&P Global Services PMI came in at 49.8 below forecasts (51.1) in March

Non-Farm Payrolls for March large beat on expectations! Markets closed for Good Friday.March NFP Update: The US labor market delivers a massive surprise with +178K jobs added against 60K expectations, pushing the unemployment rate down to 4.3%. While US cash markets remain closed for Good Friday, stock futures and bonds sell off as the robust data further erases hopes for rate cuts.

US: Payrolls Surge in March While Unemployment Rate Ticks Down to 4.3%.Nonfarm payrolls rose by 178k in March, well ahead of the consensus forecast calling for a gain of 65k. Revisions to the two prior months subtracted a total of 7k from the previously reported figures.

How To Trade a Risky Long Weekend.A diverse range of markets will be closed on Friday and Monday for the Easter holidays. To add to the challenge for traders, this is an extended period with a high likelihood of major market-moving events in the Middle East.

US NFP Beats Strongly at 178k, Unemployment Falls as Wage Growth Misses.US labor market showed strong resilience in March, with non-farm payrolls rising 178k, far above expectations of 48k. The solid gain more than offset the downward revision in February, which was revised from -92k to -133k, while January's figure was revised higher from 126k to 160k, reinforcing a volatile hiring trend.

United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March.United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March

United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%).United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%)

United States Labor Force Participation Rate declined to 61.9% in March from previous 62%.United States Labor Force Participation Rate declined to 61.9% in March from previous 62%

USD/JPY trades sideways before US jobs report with intervention risks in focus.USD/JPY trades sideways before US jobs report with intervention risks in focus

AUD/JPY Signal – Aussie Finding Buyers Against the Yen - 03 April 2026.AUD/JPY pulled back before finding buyers near the 50-day EMA and 110 yen support, with the interest rate differential and Japan's oil import vulnerability keeping the bullish trend intact and a target set at 112.30 with a stop at 109.

India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B.India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B

Dollar Lagging Behind Oil.Brent saw a sharp rally amid renewed threats from Donald Trump, but EURUSD stabilised after a decline amid expectations for the US employment report. Bloomberg experts forecast a return to growth in non-farm payrolls in March following one of the sharpest declines in February.

Risk of Escalation Discourages Risk Taking while US Jobs Report May Extend the Dollar's Narrow Ranges.The shroud of the Middle East war overhangs the Good Friday holiday. The attack on an Iranian bridge yesterday threatens a response in kind by Tehran, and this will serve to keep risk appetites in check ahead of the weekend.

New Zealand Dollar Price Analysis – Kiwi Plunges to Test Same Level on Thursday - 03 April 2026.NZD/USD fell sharply to the key 0.57 support for the third time this week after Trump's address spiked US rates, before bouncing as markets reassessed, with 0.58 resistance and US 10-year yields at 4.30% as the next critical levels to watch.

Swiss Franc Forecast to Stay Firm Despite SNB Relief on Inflation: Rabobank.The Swiss Franc is expected to remain well supported in the coming months, with Rabobank forecasting further strength despite a modest rebound in inflation easing pressure on policymakers. EUR/CHF traded around 0.9213, holding above recent lows but still close to levels that have prompted concern from Swiss authorities.

Natural Gas and Oil Forecast: Will NFP Data Fuel WTI's Breakout to $120?.WTI Crude clears $112 as geopolitical risks in the Strait of Hormuz threaten 20% of global supply. Will the upcoming NFP report drive prices toward $119.30?

Italy Public Deficit/GDP down to -1.4% in 4Q from previous 3.4%.Italy Public Deficit/GDP down to -1.4% in 4Q from previous 3.4%

US Dollar Forecast: DXY Gains on War Risks Before U.S. Jobs Report.Dollar jumps as Trump speech sparks risk-off flows, oil surges, and traders position ahead of the U.S. jobs report. DXY supported by safe-haven demand.

Intraday Analysis 03.04.2026.Intraday forex analysis today, GBPUSD, USDCHF, and EURJPY

Pound Sterling Forecast 2026: Lloyds Favours Short GBP vs EUR, NOK and AUD.The Pound to Dollar (GBP/USD) exchange rate is trading around 1.3239 while the Pound to Euro (GBP/EUR) rate has held near 1.1469, with Sterling struggling to regain ground after losses over the past two weeks. Lloyds warns that the Iran war has created a difficult backdrop for the Pound, with higher energy prices threatening another.

WTI remains stronger near $104 as Trump threats fuel supply fears.WTI remains stronger near $104 as Trump threats fuel supply fears

Turkey Consumer Price Index (YoY) registered at 30.87%, below expectations (31.4%) in March.Turkey Consumer Price Index (YoY) registered at 30.87%, below expectations (31.4%) in March

Turkey Consumer Price Index (MoM) below forecasts (2.32%) in March: Actual (1.94%).Turkey Consumer Price Index (MoM) below forecasts (2.32%) in March: Actual (1.94%)