AUD/USD: Recovery needs a stronger catalyst
Despite the US Dollar’s firm performance, AUD/USD managed to shake off four consecutive daily declines and retest the 0.6300 barrier, buoyed by widespread risk-on sentiment fuelled by Trump’s tariff headlines.
EUR/USD does not rule out extra declines
EUR/USD traded on the defensive in response to the continuation of the buying interest around the Greenback, dropping to three-week lows in the sub-1.0800 region.
Gold nears $3,000 amid tariffs’ optimism
The intense march north in the Greenback, in combination with the marked rebound in US yields across the curve are prompting Gold prices to recede to the proximity of the critical $3,000 mark per troy ounce.
Crypto Today: Trump’s tariff updates sparks Bitcoin rally, as AVAX, SOL, Chainlink lead altcoin gains
The US Fed decision to maintain rates unchanged last week ignited risk-on appetite across global risk assets markets. This saw demand for the US weaken 4% from its January peaks, according to Bloomberg.
DEEPER DIVE
US: Economy entered 2025 with momentum but policy uncertainty weighs on the outlook
The US economy entered 2025 with a fair amount of momentum. However, GDP growth in the first quarter of the year looks to be soft. Real consumer spending declined in January, although the weakness may be attributable, at least in part, to bad weather.
Brexit revisited: Why closer UK-EU ties won’t lessen Britain’s squeezed public finances
The UK government desperately needs higher economic growth as it grapples with spending cuts and potential tax rises later this year. A reset of UK-EU economic ties would help, and sweeping changes are becoming more likely.
The challenge of inflation: Five things to look out for
Inflation is no longer the No. 1 economic problem that it has been for the past three years, but it remains a major challenge. While it has not reached its 2% target yet, and the last pockets are slowly deflating, new inflationary pressures are mounting.
CRYPTOCURRENCIES
Crypto morning: Bitcoin's bullish surge, Fidelity's Ethereum leap, Trump-backed WLF's $3M MNT buy
Bitcoin traders are reacting positively to the US Federal Reserve’s (Fed) policy shift. As BTC hovers around the $88,000 level on Monday, analysts are optimistic about Bitcoin price gains this week. Technical analysis supports Bitcoin’s bullish thesis.
Dogecoin remains brand leader in meme coins – Fei Chen, Founder and CEO of Intellectia AI
Dogecoin open interest plunged to a near four-month low in mid-March before beginning a slow recovery. Mr. Fei Chen, founder and CEO of Intellectia AI, shared his thoughts on Dogecoin, a potential DOGE ETF, and the likelihood of DOGE inclusion in a US Strategic Crypto Reserve in an interview.
Bitcoin could hit $110,000, supported by the Fed’s dovish stance and Trump’s flexibility on tariffs
Bitcoin price extends its gains and trade above $87,400 at the time of writing on Monday after recovering 4.25% last week. BitMEX co-founder Arthur Hayes predicts that BTC could hit $110,000 before retracing to $76,500, supported by the US Fed's dovish stance on inflation and US President Donald Trump’s flexibility on tariffs.
STOCKS
Accenture’s outlook for government outsourcing may be a sign of things to come Premium
While the market has been in general correction mode ever since the Trump administration announced its plan to slap tariffs on most of its largest trade partners back in January, the outsourcing sector has sold off worse than other parts of the stock market.
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Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
Analyzing both bullish and bearish Elliott Wave counts for the SP500 and NASDAQ. The focus is on treating current market lows as completed and identifying how and when to enter long trades. As the rally from the lows may still be either impulsive or corrective, a cautious and tactical approach is required on the bullish side.
WEEKLY FORECAST
EUR/USD: US Dollar corrects oversold conditions, tensions remain the same Premium
The EUR/USD pair shed some ground in the week, but not before reaching a fresh multi-month high of 1.0954. It settled closer to the 1.0800 threshold, as the US Dollar (USD) ended up benefiting from the Federal Reserve (Fed) monetary policy announcement.
GBP/USD: Pound Sterling corrects amid geopolitical, economic concerns Premium
The Pound Sterling (GBP) corrected after topping near 1.3000 against the US Dollar (USD) mid-week. However, the GBP/USD pair holds at its highest level in four months.
US Dollar: Walking the tightrope amid tariffs and Fed policy Premium
The US Dollar (USD) staged a partial comeback from its steep March retracement, climbing back above the 104.00 handle after bottoming out near five-month lows around 103.20 in the US Dollar Index (DXY).
Gold: Bulls take a break after notching a new record high Premium
Gold corrected lower but managed to stabilize to end the week comfortably above $3,000 after notching a new record peak above $3,050 on Thursday. Comments from Fed officials and February inflation data from the US will be scrutinized by market participants next week.
Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability
Bitcoin price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the US SEC that Proof-of-Work mining rewards are not securities could boost BTC investors' confidence.
Week ahead – Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
