Pound Sterling slipped versus the US Dollar, extending weekly losses amid Middle East tensions and strong US jobs.
Markets watch US data and Fed outlook before March FOMC; resilient jobs and strong ISM curb cut expectations.
Nordea sees ECB holding rates, but Middle East risks may hasten hikes amid persistent inflation pressures.
AUD/USD falls near 0.7010 as strong US data and risk-off mood offset weaker Australian trade surplus.
US EIA reported a 132B natural gas storage draw on February 27, exceeding expectations by 10B.
GBP/USD slips to 1.3337 as Middle East tensions, firm dollar and US jobs data await Friday’s NFP.
Video recounts bearish Elliott Wave webinar call; S&P 500 later fell 166 points after confirmed trendline break.
TD Securities says BoC weighs trade risks, oil and demand; Q1 GDP crucial to avoid disinflation, cuts.
Middle East tensions and higher energy prices boost the dollar, while markets monitor DXY range and BDC redemption risks.
Canadian dollar steady amid risk aversion; BoC neutral pricing, weak oil link; USD/CAD bearish near 1.36.
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