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🅰🔠🔡🆎 ➡💶➡ EURUSD struggles as oil surges and dollar strengthens. Details below EURUSD is holding near 1.1520 on Monday, but the euro remains weak. With geopolitics, central banks, and economic data all pressuring the pair, could volatility increase further? Find out in our report 💙 🪙 Key takeaways

• Events. EURUSD is consolidating around 1.1520 after strong U.S. jobs data and a sharp rise in oil prices 🛢 The dollar gained support, while the euro weakened amid intensifying energy-related risks in the Middle East. • Possible outcome. If oil prices remain elevated and the dollar stays strong, EURUSD could remain weak in the near term 💶 Much will depend on whether energy markets calm down, how U.S. economic data develops, and whether central bank expectations shift again.

🪙 Tip for traders Watch oil prices, U.S. economic releases, and central bank signals. In the current environment, EURUSD can react quickly to changes in expectations for inflation, interest rates, or geopolitical risks.

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🅰🔠🔡🆎 ➡🥇➡ Gold struggles amid strong dollar and geopolitical tensions. What to expect? Today, gold trading is closed for Good Friday, temporarily reducing market activity and liquidity. Yesterday, XAU prices fell to around $4,600 per ounce after a nearly 4% decline. Find more details in our analysts' insights below 💙 🪙 Key takeaways

• Events. Gold has dropped by nearly 13% since the Middle East conflict began on 28 February 🥇 The price is now facing significant pressure from a strengthening dollar and rising energy prices. These factors push inflation expectations higher, which increases the likelihood of interest rate hikes. • Background. Higher rates typically reduce gold's appeal as a non-yielding asset. Geopolitical risks, such as the ongoing conflict in the Middle East, increase market uncertainty and dampen gold's potential for a strong rebound 🚀 Additionally, the introduction of import restrictions on gold, silver, and platinum in India is creating short-term structural pressure on the precious metals market, further affecting demand. • Possible outcome. While gold may occasionally recover, its path forward is uncertain. If inflation continues to rise and geopolitical tensions persist, gold could stay under pressure. Additionally, the import restrictions in India and low market liquidity could add more strain 📊

🪙 Tip for traders Monitor the dollar's strength, energy prices, and any developments in the Middle East. Any shifts in these areas could provide clues about the gold's future. Remember that volatility remains high due to geopolitical risks, so be prepared for sudden price swings 📊

These are the biggest events to watch this week: CPI numbers for the Eurozone and the Tokyo region will grab attention amid the oil price shock. But with still some hopes that the Fed might cut rates, it is US data, which includes the ISM PMIs, retail sales and the all-important March jobs reports, that will steal the limelight, as policymakers juggle stagflation risks. Stay ahead of the markets. See the full Economic Calendar here: https://tlt.ink/xmbro

🅰🔠🔡🆎 ➡➡ USDJPY stabilises in the 158–159 range. What you need to know USDJPY is balancing between a recovering Japanese yen and a resilient dollar. But what could happen next? Discover potential scenarios in our analysts' breakdown 💙 🪙 Key takeaways

• Events. The yen has strengthened after previously falling to 160.46. The support came from improved sentiment around a potential de-escalation in the Middle East. Meanwhile, the dollar remains strong due to inflation concerns and its role as a safe-haven asset 💲 The Japanese business sentiment index rose to its highest level since 2021, and the PMI also indicates resilience in Japan's economy. • Possible outcome. USDJPY is likely to remain in the 158–159 range for now, with both the yen's strength and the dollar's resilience acting as balancing forces 📊 The direction will depend on upcoming economic data and geopolitical developments.

🪙 Tip for traders Watch the upcoming U.S. and Japanese economic data, especially the S&P Global Services PMI. This report could offer insights into global risk sentiment and provide clues about whether the yen or dollar will take the lead in this pair 🚀