Greenback regained adhesion and put down two daily withdrawal in a row, finding support in a lasting mood of risk, as well as the ubiquitous fears of the tariffs before the “Liberation Day”.
Here’s what you need to know on Tuesday, April 1:
The American dollar index (DXY) regained control and advanced to zone 104.40 in tariff fears and a generalized bear in a galaxy associated with risk. ISM Manufacturing PMI occupies a central place, supported by Jolts Job Trains, the final global PMI of S&P production, construction expenses, an indicator of economic optimism RCM/TIPP and a weekly API report on American oil inventory.
EUR/USD could not maintain the early race to the 1.0850 zone, reducing the later ground and ultimately ending the day on the defensive. The final PMI production of HCOB in Germany and the euro area will be published from the initial inflation rate in the euro block and ECB and Lagarde speeches.
GBP/USD added to the Friday loss, again visiting the 1.2880 zone among decent progress in the American dollar. Nationwide house prices are due, ahead of the global PMI production S&P.
USD/JPY fell on a modern, multi -day minima, after which he organized a forceful return, recovering the obstacle of 150.00 and more. The unemployment rate and the Tankan survey will be published along with the final PMI production of Bank Jibun.
Aud/USD fell into the region of 0.6230, or a four -week minima among tariff fears and growth in the green garden. RBA is expected to maintain its OCR unchanged at 4.10%, while additional data in OZ will be equipped with retail sales, freight prices and AI Group survey.
The American prices of WTI increased significantly on Monday by decent progress and approached $ 72.00 per barrel against the background of tariff threats and potential military activities of the USA against Iran.
Intensive and unknown commercial fears lent additional legs to the prices of gold, sending them to the tops of all time at USD 3,100 per troi ounce. Silver prices fell to the lowest two -day, visiting the level below USD 34.00 per ounce.