News: 2024.03.26
In terms of financial events to watch, U.S. durable goods and consumer confidence data will be released later today. The closely watched Personal Consumption Expenditures (PCE) price index is released on Friday, when many markets will be preparing for the Easter holiday...
According to the latest technical analysis, the U.S. Dollar Index has shown a stable trend over the past week. Investors' optimism about the U.S. economy has increased, which has supported the U.S. dollar index. However, the impact of the global trade situation on the US dollar still needs to be closely monitored.
The EUR/USD exchange rate has been volatile in recent days. Uncertainty over Eurozone economic data has led to lower investor confidence in the euro, which has weighed on the EUR/USD exchange rate. Investors should pay close attention to economic trends in the euro area.
The GBP/USD exchange rate has been stable in recent trading. Uncertainty over the Brexit process has weighed on the pound, but policy moves from the Bank of England are expected to support the currency. Investors should pay attention to the impact of UK economic data on exchange rates.
With the release of U.S. durable goods and consumer confidence data, the market will usher in a new round of volatility. Investors should remain vigilant and adjust trading strategies in a timely manner to respond to market changes. At the same time, the global trade situation will remain the focus of market attention.
In general, currency pairs such as the U.S. dollar index, EUR/USD, and GBP/USD will face multiple influencing factors in the near future. Investors should remain vigilant, grasp market dynamics in a timely manner, and formulate reasonable trading strategies to respond to market changes.