AUDUSD faces bearish pressure, testing support near 0.6285 after failing to sustain gains above 0.6336 resistance.
The Mexican Peso weakens as USD/MXN trades at 20.51 amid rising US yields and trade tensions.
Deutsche Bank shifts euro stance to neutral, citing fiscal changes, political dynamics, and balanced risks in markets.
US new home sales fell short of forecasts, gold rebounded, and meme tokens declined amid tariff concerns.
Bitcoin drops 22%, forming a double-top pattern; meme coin instability and market downturns add to uncertainty.
Nvidia reports Q4 FY2025 earnings today, with revenue expected at $38.1B, up 73% year-on-year. AI demand strong.
Tariffs on Canada and Mexico postponed to April 2; market reactions muted despite Trump’s inconsistent statements.
GBP falls to 1.2660; US Dollar rebounds. Treasury yields rise. Fed rate cut expectations grow amid inflation concerns.
EURUSD tested resistance at 1.0528 before declining after Trump’s tariff announcement, finding support near moving averages.
AUD/USD declines to 0.6300 as US Dollar strengthens; Australian inflation slows; interest rates and trade influence AUD.
