Inflation may not reach target until 2027, with uncertainty growing. Businesses remain optimistic despite inflation concerns.
S&P Global Services PMI reached 54.3 in March, exceeding expectations and signaling strong services sector growth.
EUR/USD’s rise is driven by speculation, not fundamentals; sustainability depends on swift EU fiscal stimulus execution.
The Canadian Dollar strengthens slightly, while USD remains overvalued. Technicals hint at a bearish outlook amid uncertainties.
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.
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