The final trading day of March closed on a note that echoed the broader mood of the month—marked by unpredictability and caution. Investor sentiment remained weighed down by concerns over global trade, particularly in light of the Trump administration’s proposed tariff measures.
Currency Markets Flat Amid Uncertainty
Major currency pairs traded within narrow ranges yesterday, continuing the subdued trend that has carried into April’s opening session in Asia-Pacific markets. While the US dollar is modestly firmer this morning, it remains slightly below its early March levels.
Key Data Ahead: Eurozone Inflation and US Manufacturing
Today’s economic highlights include the flash estimate of Eurozone HICP inflation and the US ISM Manufacturing Index—both for March. These releases may provide fresh direction for markets that have otherwise struggled to find momentum in recent sessions.
Tariff Announcements Loom Large
Markets are bracing for potential tariff-related developments out of the United States tomorrow, which are expected to dominate sentiment in the coming days. The prospect of escalating trade tensions remains a key risk for global businesses and investors alike.
Strategic FX Guidance When It Matters Most
With policy shifts and data surprises driving volatility, now is the time to review your currency exposure. Speak with a QuMoney expert for tailored advice to help you mitigate risk and seize opportunities in uncertain markets.