Trump announces tariffs on automobiles, aluminium, and pharmaceuticals; China tariffs rise to 45% on April 2.
INR strengthened on Monday due to equities, foreign inflows, and USD support, but crude prices pose risks.
President Trump criticized the CHIPs Act, which funds US semiconductor production, research, and tax incentives for companies.
Chicago Fed Index rose to 0.18, US Dollar strengthened, Gold neared $3,000, and core PCE awaited.
USDJPY surged, surpassing resistance levels, driven by market sentiment and rising US yields, targeting 151.03 next.
GBP/USD gains momentum as US Dollar weakens, stabilising near 1.2950 amid geopolitical tensions and market optimism.
EURUSD hits new lows, breaking key support. Resistance at 1.0804-1.08174; sellers target 1.07767 and 1.07286 next.
Mexico’s inflation slowed, AUD/USD rebounded, EUR/USD declined, gold neared $3,000, and markets await tariff reports.
USDCAD faces resistance at the 200-hour MA, with bearish pressure below the 100-hour MA and key support.
Mexico’s core inflation met expectations at 0.24%, while gold neared $3,000 and Bitcoin saw gains.
Insights 
VT 
