The U.S. labor market will be closely monitored this week with the releases of the ADP and NFP reports. The ADP Employment Change report for March is anticipated to indicate an increase of 105,000 jobs in the private sector. This release will provide an early indication of labor market trends, preceding the official Nonfarm Payrolls (NFP) report. Market participants will be evaluating the data for insights into the pace of economic activity, particularly in light of concerns regarding a potential economic slowdown and ongoing tariff uncertainties. The US Dollar Index is currently exhibiting a consolidation pattern.
