Gold rebounds amid credit downgrade, Trump’s geopolitical stance, and Fed’s cautious economic outlook spurring volatility.
Pound Sterling rises on UK-EU reset, US debt downgrade, China tensions, and anticipated UK inflation data.
USD expected to trade within 7.1850–7.2450 range; momentum weak, resistance at 7.2330 holds.
Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.
China boosts oil inventories amid low prices, despite declining refinery activity and weakened apparent oil demand.
NZD expected to trade between 0.5900–0.5950 short term; broader 0.5835–0.5985 range long term.
Japan may accept lower U.S. tariff rates without exemption ahead of bilateral talks scheduled for Friday.
Eurozone current account surplus rose to €60.1B in March, indicating improved trade and investment flows.
Eurozone current account beats forecasts; EUR/USD holds strong. Gold dips as markets eye central bank signals.
NZD/USD consolidates near 0.5930; bullish momentum targets 0.6000 with key support at 0.5913 EMA.
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