The Australian Dollar jumped some hurdles last week, but some key levels lie ahead, and US Dollar weakness can only do so much. Bonds spreads might provide some clues until AU CPI.

Gold’s rise to a new 13-month high reaffirms that the near-term trend remains up on hopes that the US Fed is nearing the end of the tightening cycle. The yellow metal is now approaching one of the strongest resistance levels that it has faced in months.

Recent GBP/USD performance flatters the pound while further afield, sterling has not performed all that well particularly against the euro and franc. UK CPI up next

EUR/USD made a fresh yearly high this week and looks set to move higher. A period of consolidation may help set the pair up for the next leg.

Not much love seems to be in store for the US Dollar as traders continue focusing on ebbing inflation, a dovish Federal Reserve and a potentially resilient labor market. Where to for DXY?

The Dow Jones, S&P 500 and Nasdaq 100 reinforced key price levels in the first quarter for traders to watch. Will meaningful breakouts occur in Q2?

The Australian Dollar finished the first quarter not far from where it started after trading in a wide range of 0.6565 – 0.7158 through the first three months of 2023.

The Nasdaq 100 outperformed the Dow Jones in the first quarter as SVB’s collapse triggered aggressive Fed rate cut bets. The only thing is that is not what the central bank envisions.

The British Pound is barely above its Q1 opening level with GBP/USD constrained in a six-point, sideways trading range since the start of the year.

The Australian Dollar finished the first quarter not far from where it started after trading in a wide range of 0.6565 – 0.7158 through the first three months of 2023.