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  Introduction: In recent financial news, the Euro (EUR) experienced a notable two-day surge, its strongest since mid-September. However, growing caution among retail traders, with 65% holding net-long positions on EUR/USD, hints at a potential bearish outlook. Concurrently, the U.S. is set to tighten chipmaking equipment export rules to China, straining bilateral relations. Meanwhile, the British Pound (GBP) dipped slightly amid a fifth week of losses due to a robust U.S. Dollar, while U.K. house prices showed slight improvement. Japan also redefined “excessive” yen volatility thresholds as a precaution, and the U.S. Dollar Index (DXY) hit an 11-month high, with 12 consecutive weeks of gains expected, while AUD and NZD faced declines due to central bank decisions. Markets In Focus Today – EUR/USD: Euro Rises For Second Consecutive Session Amidst Growing Retail Trader Concerns In a remarkable two-day performance, the Euro has surged in value for the second consecutive trading sessi...

  AS THE USD LOSES MOMENTUM ON EASTER MONDAY, THE GBP/USD CROSSES ABOVE 1.2400 . FUNDAMENTAL OVERVIEW With a rise above 1.2400, the GBP/USD pair has reversed the prior week’s decline from 10-month highs. Despite an overall cautious attitude and hawkish Fed predictions, the US dollar is declining across the board. Easter Monday is a holiday, causing the market’s weak conditions to worsen. GBP/USD has been able to launch a comeback early on Monday after closing in the red on Friday. On Easter Monday, the pair seems to have stabilized above 1.2400, although it is likely to oscillate in a narrow range amidst muted market activity. In contrast to the market expectation of 240,000, the US Bureau of Labor Statistics said on Friday that Nonfarm Payrolls (NFP) climbed by 236,000 in the US in March. The Labor Force Participation Rate increased to 62.6% from 62.5%, and the Unemployment Rate decreased to 3.5% from 3.6%. Additionally, the average hourly earnings, which serve as a proxy for annu...