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Editors’ Picks
AUD/USD remained depressed near 0.6530
[]https://www.fxstreet.com/currencies/audusd
AUD/USD succumbed to the generalized lack of direction in the global markets and traded with a marginal downward bias, failing once again to surpass the key 200-day SMA (0.6550).
AUD/USD News
EUR/USD remained supported by the 1.0800 zone
[]https://www.fxstreet.com/currencies/eurusd
Lacklustre gains in the Greenback kept the risk complex on the defensive and sparked a modest retracement in EUR/USD to the 1.0830 zone amidst rising prudence prior to the release of US PCE on March 29.
EUR/USD News
Gold retreated after testing the $2,200 mark
[]https://www.fxstreet.com/markets/commodities/metals/gold
Gold staged a correction and retreated below $2,180 after testing $2,200 on Tuesday.The benchmark 10-year US Treasury bond yield stabilizes near 4.25% following mixed macroeconomic data releases from the US and doesn’t allow XAU/USD to preserve its bullish momentum.
Gold News
Bitcoin price likely to correct as BTC long-term holders double down on distribution pressure
Bitcoin (BTC) price has recovered above the $69,000 range after a steep fall to levels below $69,000.
It came amid a prolonged slow down in inflows from the spot BTC exchange-traded funds (ETFs) market.
Read more
International economic outlook
[]https://www.fxstreet.com/analysis/international-economic-outlook-202403261756
We have revised our global GDP forecast slightly higher from a month ago.We now believe the global economy grew an estimated 3.0% in 2023, while in 2024, we forecast global GDP growth to slow only modestly to 2.9%
https://www.fxstreet.com/analysis/international-economic-outlook-202403261756.
