Pound Sterling struggles near 1.2600, stabilizing as US Dollar retracts; key US PCE data awaited today.
The Atlanta Fed Q1 GDP tracker fell sharply, driven by weak trade data, declining consumption, and housing concerns.
GBP struggles at 1.2600 but eyes monthly gain; US tariffs rise; BoE notes balanced inflation risks.
Canada’s budget deficit decreased to $21.72 billion, with a $1 billion surplus in December, reflecting fiscal stability.
Policymakers seek a pause, but the ECB is set to cut rates amid inflation concerns and tariff risks.
Equities rise as S&P 500 gains; Nvidia recovers; bond markets stable; US dollar strengthens; bitcoin rebounds.
The US Dollar holds steady after PCE data, with DXY near 107.30 amid tariff confirmations and economic forecasts.
AUD/USD declined, breaching key support levels. Further selling possible, but support near 61.8% retracement may trigger rebound.
Colombia’s jobless rate rises to 11.6%, forex market fluctuates, and US tariff concerns add uncertainty.
Tech stocks declined, while consumer defensive and healthcare sectors showed resilience. Investors focus on stability amid economic uncertainties.
