Swiss National Bank sight deposits dipped slightly to CHF 440.4 billion, while domestic deposits saw a small increase.
USD showed support after a weak start, with consumer confidence and PCE data key for future performance.
Germany’s March manufacturing PMI rose to 48.3, while services PMI fell to 50.2, signaling mixed economic momentum.
France’s March flash services PMI rose to 46.6, while manufacturing PMI reached 48.9. Business activity remains weak.
Euro declines for three sessions, trading at 1.0834; support at 1.08, resistance at 1.0950/70, 1.1020.
China plans a more active fiscal policy in 2025, focusing on domestic consumption and economic growth expansion.
Easing optimism on Ukraine ceasefire weighs on euro; EUR/USD may rise short-term but faces resistance near 1.10.
Flash PMIs for the Eurozone, UK, and US impact interest rate expectations, with US data closely watched.
Silver prices rose to $33.25 per ounce, up 0.64%, influenced by demand, economic activity, and gold correlation.
BOJ Governor Ueda plans suitable monetary policy, considers bond sales, and reinforces commitment to economic stability.
