Breaking: US Industrial Production falls 5.4% in March
US Industrial Production fell 5.4% in March from 0.5% rise in February and below forecasted 4% drop
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- US business activity slows in April due to growing tariff concerns
- BTCUSD – fresh rally signals that correction from new record high might be over
- Gold – reaction at $3300 support zone to generate near-term direction signal
- GBPUSD – bulls face headwinds from key resistance but so far hold grip
- USDJPY – bears likely to pause above key support zone at 140.00/139.57
- Gold surges to $3500
- Dollar index falls to three year low as fundamentals deteriorate
- EURUSD hits the highest levels since late 2021 on fresh wave of risk aversion
- Gold resumes rally after a brief holiday pause and nears $3400 target
- Japan’s inflation rises in March and adds pressure on BOJ