Markets closed mixed amid tariff concerns, Fed statements, and yield declines, with Q1 indices posting overall losses.
GBP/JPY trades narrowly below 200-day SMA; bullish breakout needs 194.00+; support seen near 191.63.
Major US indices ended mixed; all posted March losses amid inflation concerns and slowing economic indicators.
Australia’s Judo Bank Manufacturing PMI dipped to 52.1 in March, signaling a potential manufacturing slowdown.
RBA expected to hold rates; analysts forecast possible May cut. China’s manufacturing PMI shows improvement.
NZD/USD weakens further, with bearish momentum supported by indicators and declining moving averages below key resistances.
Fed’s Barkin urges patience amid inflation concerns, uncertain tariffs, and consumer fatigue; no rush for rate cuts.
AUD/JPY faces bearish pressure near 93.80, with downside potential and resistance capped below key moving averages.
US indices rebound; gold and oil prices rise; USDJPY gains on yields and sentiment improvement.
U.S. sanctions Chinese officials over Hong Kong autonomy; Egypt’s Sinai actions raise peace treaty concerns.
