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The DXY trades near 104.00, reflecting the US Dollar’s upward trend amid market fluctuations

The US Dollar strengthens, DXY recovers, equities decline, and tariffs create uncertainty ahead of key deadlines.

The oil rig count decreased to 486, while natural gas rigs rose to 102, totalling 593. Crude oil price increased by $0.32 to $68.39, showing a weekly rise of approximately 1.8%

Rig count increased to 593; oil rigs decreased, gas rigs rose. Crude oil at $68.39, up 1.8%.

Consumer confidence in the Eurozone fell short of expectations in March, recording -14.5 instead of -13

Consumer confidence in the Eurozone declined, while a strong US Dollar pressured EUR/USD and GBP/USD lower.

Most European indices finished lower, with Spain’s Ibex being the exception to this trend

European indices mostly declined, except Spain’s Ibex, which rose 0.33%. Weekly results varied, with Spain leading gains.

Governor Christopher Waller expressed a preference for maintaining the existing balance sheet reduction pace

Waller supports balance sheet reduction, sees excess reserves, favors gradual pace, and highlights Fed tools for stability.

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