All 52 economists expect the Bank of Japan to keep its rate at 0.5% amid global concerns.
The US Dollar weakens after Retail Sales miss estimates, with traders awaiting the Federal Reserve’s policy update.
US Dollar weakened; EUR/USD and GBP/USD rose, USD/JPY surpassed 149.00, commodities fluctuated with gold steady.
Gold prices hit $3,000, driven by central bank demand, inflation concerns, geopolitical risks, and declining fiat currency appeal.
The Canadian Dollar rose as Oil prices climbed, inflation increased, and the US Dollar weakened on Monday.
US retail sales rose just 0.2% in February, signaling weaker consumer spending and potential economic challenges ahead.
EUR/USD recovers to 1.0910, but momentum indicators signal uncertainty. Resistance at 1.0930; support near 1.0880.
Asia’s economic calendar is quiet, with focus on Japan’s service sector and Singapore’s jobless rate.
GBP/USD rises 0.31% as US Dollar weakens; traders anticipate Fed easing amid weak retail sales and manufacturing data.
Dow Jones rebounds but nears correction; Federal Reserve policy and inflation concerns could impact future market direction.
Insights 
VT 
