This week, the primary factor
influencing the US Dollar will be the release of the US Nonfarm Payrolls (NFP)
report for March, scheduled for Friday.
This economic data will play a crucial
role in shaping market sentiments regarding the possibility of the Federal
Reserve initiating interest rate cuts starting from the June meeting.
It is
anticipated that the NFP report will reveal the addition of 200,000 jobs during
the month, a decrease from the 275,000 recorded in February.
