GBP/USD may test 1.2975 but faces resistance; a drop below 1.2855 signals weakening upward momentum.
Toyota, Hitachi, and Nissan have agreed to union-requested wage increases, with raises up to JPY 17,000 monthly.
Gold trades narrowly as markets await US CPI; Fed rate cut expectations support prices amid economic concerns.
US February 2025 CPI forecast: 2.9% headline, 3.2% core, with monthly increases of approximately 0.28% for both.
EUR/GBP trades at 0.8430, ending its streak as BoE maintains rates, while Euro gains on German policies.
Christine Lagarde speaks on ECB policy, inflation, and the eurozone economy at a key Frankfurt conference.
UK and US discuss tariff removal; GBP/USD declines 0.19% to 1.2925 amid British Pound weakness against major currencies.
Nissan’s 2025 wage hike is JPY 16,500, below the union’s proposal. The Bank of Japan monitors negotiations.
Gold prices in Saudi Arabia remained stable at 351.33 SAR per gram, with global factors influencing fluctuations.
Canada may restrict oil exports if U.S. tariffs increase, though officials prefer a positive resolution over escalation.
Insights 
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