02/04/2024
March was a dynamic month in the financial markets with the AUD/USD trading between 0.6478 and 0.6667. Key US economic indicators like Non-Farm Payrolls, CPI, PPI, and ISM Manufacturing showed strength, influencing global currency trends and moderating rate cut expectations due to persistent inflation. The USD/JPY approached the critical 152.00 mark, sparking discussions about potential BOJ intervention as it shifted away from negative interest rates. Meanwhile, the RBA's new meeting format debuted smoothly, and the crypto world saw Bitcoin's impressive performance, ranging from $57,570 to $73,700.
As we move into April, keep an eye on key dates that could impact market dynamics.