Silver drops 4% to four-day low; bearish MACD, near-oversold RSI; key support $80, resistance $81.50.
China’s CPI jumped to 1.3% y/y in February; PPI fell 0.9%, pushing AUD/USD lower.
China’s February PPI fell 0.9% year-on-year, less than the -1.1% forecast, beating expectations by 0.2 points.
China’s consumer inflation rose 1% month-on-month in February, accelerating sharply from January’s 0.2% increase.
China’s February CPI rose 1.3% year-on-year, beating the 0.8% forecast, signalling stronger-than-expected inflation.
PBoC set USD/CNY fixing at 6.9158, pursuing exchange-rate stability, growth, reforms, and using diverse policy tools.
EUR/USD hit 1.1515 lows as Middle East tensions and $100 oil boosted dollar, pressuring euro further.
GBP/USD dips near 1.3300 as Middle East tensions boost dollar; investors await US February CPI report.
AUD/USD slips to 0.6960 as safe-haven dollar strengthens; Middle East tensions, oil surge, China CPI awaited.
Israel warns Lebanon to disarm Hezbollah or face heavy price as oil spikes amid escalating attacks.
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