There are no words to describe the size of China’s foreign exchange reserves. Massive, Mind-Boggling, and Eye-Popping come to mind, but don’t do the $2.447 Trillion justice. What’s more, this figure represents the end of March; the current total has almost certainly surpassed $2.5 Trillion.
Interesting, the rate of reserve accumulation has slowed markedly from 2009. [...]

For only the second time in the 27 month period since the start of the US recession, employers have added jobs. This is the news from the US Labor Department in its monthly payroll report for March released early Friday (April 2) morning.
It was expected that the economy would show a gain of around 190,000 jobs based on the Thomson Reuters survey of economists, but the report showed a slightly more moderate growth of 162,000.
Unemployment remained steady at 9.7 per cent during March. This was the third month …Forex Rate – Forex and Exchange rates

Will the yen appreciate in March?

For some reason, many forex traders believe that March is, seasonally, a good month for the Japanese yen against the U.S. dollar. The main reason is that March is at key point in the business year for Japan — in which repatriation takes place.

However, GFT’s Kathy Lien points out in FX360 that there is no evidence for a regular Japanese yen boost in March:

Contrary to popular belief, there is no seasonal trading pattern in USD/JPY during the month of March over the last 10 years. As indicated in the following chart, the Yen appreciated against the dollar only 5 out of the past 10 years, or 50 percent of the time.

See AlsoLooking for Trends in Forex TradingForex trading forecast

Pull up a 1-year chart of the Euro against the Swiss Franc, and you’ll quickly notice a salient trend: the exchange rate has hovered slightly above ‘

Only a year ago, who could have conceived of such a possibility? At the time, the Canadian Dollar (aka Loonie) was in the doldrums, as a result of the credit crunch and concomitant collapse in commodity prices. In March, however, the Loonie began an extraordinary rally, and finished the year up 16%, almost perfectly offsetting [...]