Weekly Fundamental Australian Dollar Forecast: RBA on Defense; Data Trends Weakening; PMIs Ahead

The last week of March brings about a quieter economic calendar for Australia, with the trio of PMI reports the sole focus.

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Weekly Fundamental Australian Dollar Forecast: RBA on Defense; Data Trends Weakening; PMIs Ahead

The last week of March brings about a quieter economic calendar for Australia, with the trio of PMI reports the sole focus.

from DailyFX – Market News https://bit.ly/3tCVeuv
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British Pound Defends March Open Range Ahead of UK Jobs, CPI Report

Key data prints coming out of the UK may keep the British Pound within the monthly range as the Bank of England (BoE) retains the current course for monetary policy.

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EUR/USD Erases FOMC Driven Gain as ECB Warns of Euro Area Recession

EUR/USD gives back the advance following the Federal Reserve interest rate decision as ECB President Christine Lagarde warns of a technical recession.

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Gold Price (XAU/USD) Outlook – Battling with Resistance, Sentiment Remains Bearish

Gold may struggle to break chart resistance as US Treasury yields seem set to push higher, weighing on the value of the precious metal.

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