Session Recap: USD declines on weak US data

FXstreet.com (San Francisco) - The Greenback ceded ground against its major rivals as investors were disappointed for the weaker than expected ADP employment data. The EUR/USD recover some ground from 1.2790 to the current 1.2845. The GBP/USD traded brief below the 1.5100 level but it is closing at 1.5135.

The USD/JPY declined from 93.65 to the current 93.00 level, the USD/CHF is tradin near to 1-week lows ar 0.9440, The USD/CAD tested again the 1.0125 but the pair recovered to close almost flat on the day at 1.0145 and the AUD/USD rose to the 1.0500, March 26 high, but the Aussie was rejected again.

Main headlines in the American session

US: ADP Employment Change fell to 158K in March

American equity markets trading unevenly after lackluster US ADP

Forex: GBP/USD presses higher on US session with BoE tomorrow

US: ISM Non-Manufacturing PMI disappoints at 54.4 in March

Forex: EUR/USD extends gains after US data

Fundamental Afternoon Wrap: All eyes on BoJ, ECB and BoE tomorrow

Cyprus would extend capital control for seven more days

Forex: AUD/USD retraces from highs and test the 1.0475

Forex: USD/CAD extending the decline, around 1.0130

Gold plummets during American trading to $1552.40

Forex: GBP/USD trading near session highs of 1.5149/50

Forex: EUR/USD hovering over 1.2845/50

Forex: USD/JPY finds support at 92.70, back to test 93.00

Wall Street closes lower on US data and N. Korea concerns