The West Texas Intermediate Crude didn't make any significant moves on Friday, although the market bulls did put in a brief challenge after the price action temporarily hit,

Market to observe this Thursday’s ECB rate decision. Can the bears hold off any further advances? The US dollar weakens further, now sub 99.00!

HUGE data week ahead; AUD retail sales, RBA's latest interest rate decision; RBA Gov. Philip Lowe; Fed FOMC Meeting Mins; Fed speakers; William Dudley, Patrick Harker & Jeffrey Lacker - Also U.K. March PMI's, with Friday’s awaited U.S. March Nonfarm Payrolls Report!

The Australian dollar demand was triggered early this morning from the release of the FOMC minutes; after short intraday covering elevates prices back above the 0.7700 handle...

Since the Australian dollar recorded a near three-month high of 0.7732 last week, prices have not been able to recoup any bullish momentum to generate the advance to recapture the 0.7700 handle!

President Donald Trump said his administration would put "America first"… ECB President Mario Draghi is to speak at an event in Italy on Tuesday… Will the USD strengthen? Read the latest Technical FX Report from Jade Informer's Rob Clayton
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