FxWirePro: AUD/USD holds steady ahead of global central bank meetings 
Market Roundup
•US House Price Index (MoM) (Jan) 0.2%, 0.2% forecast, 0.5% previous
•US Redbook (YoY) 5.6%, 5.2% previous
•US House Price Index (YoY) (Jan) 4.8%, 4.8% previous
•US House Price Index (MoM) (Jan) 0.2%, 0.2% forecast, 0.5% previous
•US House Price Index (Jan) 436.5, 435.8 previous
•US S&P/CS HPI Composite - 20 s.a. (MoM) (Jan) 0.5%, 0.5% previous
•US S&P/CS HPI Composite - 20 n.s.a. (YoY) (Jan) 4.7%, 4.6% forecast, 4.5% previous
•US S&P/CS HPI Composite - 20 n.s.a. (MoM) (Jan) 0.1%, 0.2% forecast, -0.1% previous
•US CB Consumer Confidence (Mar) 92.9, 94.2 forecast, 100.1 previous
•US New Home Sales (Feb) 676K, 682K forecast, 664K previous
•US New Home Sales (MoM) (Feb) 1.8%, -6.9% previous
•US Richmond Manufacturing Index (Mar) -4, 8 forecast, 6 previous
•US Richmond Manufacturing Shipments (Mar) -7, 12 previous
•US Richmond Services Index (Mar) -4, 11 previous
Looking Ahead Economic Data (GMT)
•Japan Coincident Indicator (MoM) (Jan) 0.1% forecast, 1.0% previous
• Japan Leading Index (MoM) (Jan) 0.1%forecast, 0.5% previous
• Japan Leading Index (Jan) 108.0 forecast, 108.3 previous
Looking Ahead Events And Other Releases(GMT)
•No Events Ahead
Currency Forecast
EUR/USD: The euro edged lower against the dollar on Tuesday as investors assessed consumer sentiment data and bet on a more flexible trade policy stance from the Trump administration next week.
U.S. President Donald Trump said on Monday that automobile tariffs were coming soon, while suggesting that not all proposed tariffs would be enforced in an April 2 announcement on which Wall Street is focused. Fed Governor Adriana Kugler said the central bank's interest rate policy remains restrictive, but progress on bringing inflation back to the central bank's 2% target has slowed.New York Fed President John Williams said firms and households were "experiencing heightened uncertainty" about what lies ahead for the economy. Immediate resistance can be seen at 1.0946 (23.6%fib), an upside break can trigger rise towards 1.1000(Psychological level).On the downside, immediate support is seen at 1.0804(38.2%fib), a break below could take the pair towards 1.0693(50%fib).
GBP/USD: The pound gained on Tuesday as investors evaluated tariff impacts and anticipated Wednesday’s UK spring statement. British finance minister Rachel Reeves is likely to announce cuts to her spending plans on Wednesday in an attempt to show investors that she can be trusted to fix the public finances as growth falters.Reeves and Prime Minister Keir Starmer are under pressure to meet their promises to voters in last year's election to speed up Britain's economy. But growth has tailed off and demands for spending have mounted, chief among them on defence as Europe braces for less U.S. protection. Sterling was last up 0.2% at $1.2943. Immediate resistance can be seen at 1.3012(23.6%fib), an upside break can trigger rise towards 1.3072(Higher BB).On the downside, immediate support is seen at 1.2902(March 17th low), a break below could take the pair towards 1.2873(38.2%fib).
USD/CAD: The Canadian dollar strengthened against the U.S. dollar on Tuesday, but gains were limited by uncertainty surrounding a closely contested Canadian general election and upcoming U.S. trade tariffs set for April 2. U.S. President Donald Trump stated on Monday that automobile tariffs are coming soon but suggested that some proposed levies may not take effect on April 2, with certain countries potentially receiving exemptions. Wall Street interpreted this as a sign of flexibility on an issue that has unsettled markets for weeks. Canada, a key exporter of automobiles, oil, and other goods to the U.S., remains particularly affected by these trade developments. The loonie was trading 0.1% higher at 1.4305 per U.S. dollar, after earlier touching its strongest intraday level since March 18 at 1.4272. Immediate resistance can be seen at 1.4398(38.2%fib), an upside break can trigger rise towards 1.426(Higher BB).On the downside, immediate support is seen at 1.4263 (50%fib), a break below could take the pair towards 1.4200(Lower BB).
USD/JPY: The dollar edged lower but downside was limited as investors digested the BOJ minutes and remained cautious amid ongoing tariff developments. Minutes of the BOJ's January meeting released on Tuesday showed policymakers discussed the pace of raising interest rates.The BOJ minutes showed that members agreed to continue tightening policy if the outlook for economic activity and prices materialized, given that real interest rates remained significantly low. Investors remained focused on the upcoming reciprocal tariffs promised by U.S. President Donald Trump. While Trump confirmed on Monday that automobile tariffs are coming soon, he suggested that not all threatened levies would take effect on April 2, with some countries potentially receiving exemptions. Immediate resistance can be seen at 151.26(Feb 28th high) an upside break can trigger rise towards 152.17(50%fib). On the downside, immediate support is seen at 150.11(38.2%fib) a break below could take the pair towards 149.29(March 24th low).
Equities Recap
European shares closed higher on Tuesday, mirroring global markets, as investor optimism grew over the possibility of U.S. President Donald Trump taking a softer approach to tariffs ahead of the April 2 deadline.
UK's benchmark FTSE 100 closed up by 0.30 percent, Germany's Dax ended up by 1.13 percent, France’s CAC finished the day up by 1.08 percent.
Wall Street closed higher on Tuesday, with Apple gaining and Nvidia slipping as investors analyzed consumer sentiment data and anticipated a more flexible trade policy stance from the Trump administration next week.
Dow Jones closed up by 0.01 percent, S&P 500 closed up by 0.16 percent, Nasdaq settled up by 0.46 percent.
Commodities Recap
Gold prices climbed on Tuesday as investors sought safe-haven assets amid uncertainty over U.S. President Donald Trump's upcoming tariff plans, which could potentially drive inflation higher.
Spot gold was up 0.3% at $3,021.88 an ounce at 12:51 p.m. ET (1751 GMT). U.S. gold futures settled 0.3% higher at $3,025.90.
Oil prices showed mixed movement on Tuesday as a maritime and energy truce between Russia and Ukraine eased tensions, countering fears of tighter global supply amid potential U.S. tariffs on countries importing Venezuelan crude.
Brent crude futures settled 2 cents higher, or 0.03%, at $73.02 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $69.
