AUDUSD stalls at resistance, retreats toward key moving averages; a break below support may trigger bearish momentum.
US services sector slows with PMI at 50.8; gold steady amid uncertainties and looming payroll data.
Fed’s Cook highlights slowing growth, tariff-driven inflation risk, and policy patience amid economic uncertainty and potential rate cuts.
AUD/USD rises, EUR/USD nears highs, gold recovers; US economy, tariffs, and recession fears influence markets.
Fed sees no urgency to change rates; inflation stabilizing, labor market solid, but uncertainty remains high.
U.S. ISM Services Employment Index drops to 46.2 in March, signaling contraction in services sector.
Canada to impose 25% tariffs on non-compliant U.S. vehicles, supporting local production and auto workers.
US ISM Services Prices Paid index fell to 60.9 in March, signaling slower service sector inflation.
U.S. Services PMI rose to 54.4 in March, indicating continued sector growth and exceeding expectations.
NASDAQ drops 5.42%, marking third worst day since 2020 pandemic amid market correction concerns.
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