technical

The Pound Sterling (GBP) remained vulnerable while in a bearish consolidation phase against the US Dollar (USD) below the 1.3500 threshold.

For the second consecutive week, Gold (XAU/USD) failed to benefit from the risk-averse market atmosphere and registered losses as growing inflation fears boosted the US Dollar (USD).

The EUR/USD pair fell to fresh 2026 lows in the 1.1430 region, settling not far above the level, as the US Dollar (USD) soared amid war-related fears as the Middle East crisis escalates on a daily basis.

USD/MXN is bouncing on risk-off flows, but 18.00 remains the key resistance level where sellers may look to reenter the broader downtrend.

Gold remains volatile but bullish overall, with $5,000 acting as key support and $5,350 as the upside target if buyers step back in near the 50-day EMA.

A couple of weeks ago, the Federal Reserve’s decision on March 16 was all that mattered for markets. Now, investors hardly remember it. The Iran war has changed everything market players thought about monetary policy paths, and not just for the Fed.