Commerzbank’s Nguyen warns EUR/USD upside limited as markets overprice ECB reaction; near-term focus remains central-bank responses.
Germany’s March PPI rose 2.5% month-on-month, beating forecasts, signaling faster-than-expected producer-level price pressures.
Germany’s Producer Price Index rose to -0.2% in March, improving from -3.3% previously year-on-year.
GBP/USD steadied near 1.3500 as safe-haven Dollar demand rose on renewed US–Iran tensions, Hormuz closure.
USD/CAD steadied near 1.3700 as US–Iran ceasefire doubts boosted USD; traders await Canada March CPI.
Saudi gold prices slipped Monday: SAR 577.83/gram and SAR 6,739.74/tola, per FXStreet data, reference only.
EUR/USD rebounded from weekly lows, dollar subdued on Fed doubts, while geopolitics and technicals cap upside.
Gold prices in Philippines fell Monday: PHP 9,234.12/gram, PHP 107,704.80/tola, per FXStreet data.
GBP/USD trimmed losses but stayed near 1.3500 as safe-haven USD rose on US–Iran tensions escalation.
UAE gold prices fell Monday: AED 565.51/gram and AED 6,595.88/tola, tracking global rates and USD movements.
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