The Euro consolidates near 1.08 amid EU aid uncertainty, German spending increase, and technical support levels.
GBPUSD trades below key moving averages, testing support at 1.2922, with resistance at the 200-hour MA.
The Canadian Dollar remains stable as BoC monitors trade inflation. USD faces resistance at 1.4340/50, support 1.4300/10.
Monetary policy manages risks; Williams highlights economic uncertainties, inflation concerns, and forecasting challenges, including tariff impacts.
Williams sees policy as appropriate amid strong jobs, inflation concerns, economic uncertainty, disinflation inconsistencies, and slowing growth risks.
Eurozone consumer confidence dropped to -14.5 in March, lower than expected and matching last year’s lowest level.
USD strengthens slightly but stays range-bound; mixed currency moves; attention shifts to April US tariff announcement.
FedEx shares fell 9.2% due to a lowered earnings forecast, economic concerns, and uncertain demand outlook.
Gold stays positive for the week, trading near $3,030 amid geopolitical tensions, tariff concerns, and technical resistance.
AUDUSD faces selling pressure below key moving averages, with support at 0.6254-0.6268 crucial for further declines.
