Tariff reprieve boosts equities; dollar weakens, yields ease. Fed signals support; crude firms despite growth concerns.
Gold retreats to $3,208 after record highs, as risk sentiment shifts on U.S.–China trade updates.
AUDUSD tests key resistance at 0.62917; failure could shift focus to support near 0.6259 and 0.6220.
Canada’s February wholesale sales rose 0.3%, slightly missing expectations, highlighting the need for deeper economic analysis.
USDCHF tests former support as resistance after breaking decade-long floor; bearish pressure remains under 0.8373.
US port import volumes rose early in 2024 but are projected to decline sharply starting in May.
Pound Sterling gains on strong UK economic data; USD weakens amid US-China trade tension concerns.
Oil prices rise amid optimism over Trump-Xi talks; OPEC lowers demand forecast due to US tariffs.
Tariff concerns and economic uncertainty pressure currencies; BoC decision, inflation data may influence Canadian dollar.
US Dollar expected to trade between 7.2430 and 7.3700; short-term outlook remains mixed amid volatility.
