The U.S. currency moved higher and then reversed sharply after the Labor Department showed that the U.S. economy added 192,000 jobs in March, missing expectations for a 200,000 increase. The report also showed that the unemployment rate remained unchanged at 6.7% in the previous month (also below expectations for a drop to 6.6%). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. currency moved higher against the euro as the European Central Bank left its benchmark interest rate unchanged (at a record-low 0.25%) and later ECB President Mario Draghi comments weighted on the common currency. What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. currency moved higher against major currencies after the ADP report showed that the U.S. private sector added 191,000 jobs in March (slightly below expectations for an increase of 195,000). In the following hours, the greenback extended gains after the Commerce Department showed that U.S. factory orders increased 1.6% in February (above forecasts for a 1.2% rise). What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. currency moved higher against the British pound after data showed that U.K. manufacturing PMI fell to an eight-month low of 55.3 in March (from 56.2 in February), while analysts had expected an increase to 56.7. Meanwhile, the U.S. dollar declined against its Australian counterpart after the Reserve Bank of Australia left interest rates unchanged. Will today’s U.S. economic reports support the greenback later in the trading day? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

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The U.S. currency moved lower after data showed that the Chicago PMI fell to 55.9 in March (from 59.8 in February), while analysts had expected a drop to 59.0 this month. Additionally, the greenback extended losses after Federal Reserve Chair Janet Yellen commentary. Ms. Yellen said that the Fed’s commitment to economic stimulus will still be needed for some time as “considerable slack” still remained in the labor market. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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