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USD drifts as tariff threat eases slightly - Scotiabank
The US Dollar (USD) is mixed to slightly lower overall as FX markets continue to consolidate.
EUR/USD recovers to 1.0850 after mixed European PMIs
The EUR/USD pair edges higher and recovers to 1.0850 at the time of writing on Monday after facing some selling pressure at the end of the previous week, when it briefly broke below the 1.08 big figure level.
AUD/USD is consolidating above 0.6258 - BBH
AUD/USD is consolidating above last week's lows near 0.6258, BBH's FX analysts report.
USD/JPY is up near technical resistance at 150.00 - BBH
Japanese Yen (JPY) is underperforming most major currencies and USD/JPY is up near technical resistance at 150.00, BBH's FX analysts report.
Oil: Inability to overcome $72.75 can lead to persistence in decline - Societe Generale
Brent recently revisited the low of last September at $68.70 resulting in a brief rebound, Societe Generale's FX analysts report.
USD/JPY: Rebound risk in the near term - OCBC
USD/JPY inched higher. Data and BoJ policy may take a back seat for now as the focus shifts to Trump's reciprocal tariffs on 2 Apr.
GBP: Downside risks arise from budget event - ING
EUR/GBP eased back below 0.840 last week following a modestly hawkish BoE meeting and broader unwinding of EUR longs, ING's FX analyst Francesco Pesole notes.
FXS Fed Sentiment Index recovers into hawkish territory following March meeting
The Federal Reserve (Fed) announced that it left the interest rate unchanged at 4.25%-4.5% after the march 18-19 policy meeting.
DXY: Rebound risk remains likely in the interim - OCBC
US Dollar (USD) inched higher as 2 Apr reciprocal tariff deadline draws nearer.
USD: Data obstacles this week - ING
The US Dollar (USD) found some support last week after a very weak start to March.
EUR/USD: Corrective pullback on the day - OCBC
Euro (EUR) fell for a 3rd consecutive session. EUR was last seen trading at 1.0834 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Squeezing the last bits of fiscal optimism - ING
Our considerations above on somewhat fading optimism on a speedy ceasefire in Ukraine have likely contributed to softer EUR momentum, ING's FX analyst Francesco Pesole notes.
Gold stabilizes as markets brace on reciprocal tariff deadline
Gold's price (XAU/USD) stabilizes near $3,020 at the time of writing on Monday as traders assess fresh tariff headlines over the weekend.
UK Preliminary Services PMI jumps to 53.2 in March vs. 51.2 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers' Index (PMI) unexpectedly dropped to 44.6 in March from 46.9 in February.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Monday, according to FXStreet data.
United Kingdom: BOE on pause as vote split surprises again - UOB Group
As expected, the Bank of England (BOE) decided to maintain its Bank Rate at 4.75% last Thu (20 Mar).
US Dollar Index (DXY) slides below 104.00; seems vulnerable to weaken further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a three-day-old recovery from a multi-month low and attracts fresh sellers at the start of a new week.
Eurozone Preliminary Manufacturing PMI rises to 48.7 in March vs. 48 expected
The Eurozone manufacturing sector contraction eased, while service sector activity underperformed in March, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Monday.
NZD/USD Price Forecast: Finds initial resistance at 0.5750 near nine-day EMA
NZD/USD rebounds after four consecutive losing sessions, trading around 0.5730 during European hours on Monday.
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