USD/JPY: Intervention warnings and BoJ tweak – BBH.USD/JPY: Intervention warnings and BoJ tweak – BBH

ECB Rate Hikes May Backfire on Europe.Christine Lagarde's statement that the ECB is ready to raise interest rates should, in theory, support the euro. However, a tightening of monetary policy could shock the eurozone.

Ireland Retail Sales (YoY) declined to 0.8% in February from previous 3%.Ireland Retail Sales (YoY) declined to 0.8% in February from previous 3%

Italy 10-y Bond Auction increased to 4.09% from previous 3.31%.Italy 10-y Bond Auction increased to 4.09% from previous 3.31%

Italy 5-y Bond Auction: 3.48% vs 2.62%.Italy 5-y Bond Auction: 3.48% vs 2.62%

Rupee slumps to record low past 94/USD, set for worst fiscal in more than a decade.The Indian rupee plunged to a record ​low on Friday, sliding past the 94-per-dollar mark, with mounting worries over the energy crisis sparked by the Middle East war putting the currency on track for its worst fiscal-year drop in more than a decade.

IRGC warns that Strait of Hormuz remains "closed", prohibits any passage by US allies.The Islamic Revolutionary Guard Corps (IRGC) is out delivering a warning to all ships thinking about passing through the Strait of Hormuz amid the latest "cooling period" with the US. They are maintaining that the strait remains in de facto closure for now, adding that "any transit through the waterway will face harsh measures".

Chart alert: WTI crude oil minor pullback over, start of new bullish leg for breakout above $102.25.WTI crude oil is signalling the end of its recent pullback, with price action turning bullish above 20-day moving average and reclaiming $93.70 resistance. Deepening backwardation reflects tightening near-term supply amid escalating US–Iran tensions, reinforcing upside pressure.

GBP: UK Retail resilience tempers data impact – TD Securities.GBP: UK Retail resilience tempers data impact – TD Securities

Former BoJ Kuroda: Central bank should not pause approaching policy normalization.Former BoJ Kuroda: Central bank should not pause approaching policy normalization

Trump To Become First Sitting President With Signature On US Dollar.To add Benzinga News as your preferred source on Google, click here. The U.S. dollar is getting a historic makeover.

USD/JPY: Intervention risk grows above 160.00 – MUFG.USD/JPY: Intervention risk grows above 160.00 – MUFG

Markets Today: Risk-Off sentiment supports the Dollar as US consumer sentiment data lies ahead.Global markets react to Middle East tensions, supporting a strong US Dollar amidst 'higher-for-longer' energy price expectations and potential US rate hikes. European and Asian indices are mixed, though oil prices cooled slightly.

Oil News: Crude Oil Futures Flip Higher as War Risk Lifts Oil Outlook.Crude oil futures turn higher as war risk supports prices. Tight supply and falling inventory strengthen the oil outlook despite brief easing headlines

NOK: Hawkish Norges Bank supports carry – Societe Generale.NOK: Hawkish Norges Bank supports carry – Societe Generale

Natural Gas and Oil Forecast: Will Hormuz Woes Propel Brent to $110?.Strait of Hormuz disruptions put 20% of oil at risk. With Goldman Sachs eyeing $110 Brent, see how supply shocks and geopolitical tension are shifting the market.

Italy Trade Balance non-EU increased to €5.529B in February from previous €2.124B.Italy Trade Balance non-EU increased to €5.529B in February from previous €2.124B

Austria UniCredit Bank Manufacturing PMI increased to 52.4 in March from previous 49.4.Austria UniCredit Bank Manufacturing PMI increased to 52.4 in March from previous 49.4

Foreign investors flee Indian assets at record pace on oil shock, pummel rupee.Foreign investors are pulling out of Indian bonds and equities at a record pace, as the Iran war-driven surge ​in oil prices fanned worries over a pick-up in inflation and clouded ‌India's growth outlook, sending the rupee reeling.

ECB: Energy shock keeps hikes in play – Nordea.ECB: Energy shock keeps hikes in play – Nordea

ECB's Patsalides: I would not rush into any decision due to lack of information.ECB's Patsalides: I would not rush into any decision due to lack of information

Oil: Upside risks persist as Iran deadline extended – ING.Oil: Upside risks persist as Iran deadline extended – ING

Spain Consumer Price Index (MoM) climbed from previous 0.4% to 1% in March.Spain Consumer Price Index (MoM) climbed from previous 0.4% to 1% in March

Spain Harmonized Index of Consumer Prices (MoM) registered at 1.5%, below expectations (2.1%) in March.Spain Harmonized Index of Consumer Prices (MoM) registered at 1.5%, below expectations (2.1%) in March

Spain Consumer Price Index (YoY) registered at 3.3% above expectations (2.4%) in March.Spain Consumer Price Index (YoY) registered at 3.3% above expectations (2.4%) in March

AUD/JPY Price Forecast: Rebounds from 110.00 near lower descending channel boundary.AUD/JPY Price Forecast: Rebounds from 110.00 near lower descending channel boundary

NOK: Norges Bank hawkish hold supports currency – Danske Bank.NOK: Norges Bank hawkish hold supports currency – Danske Bank

WTI Oil approaches $94.00 as investors brace for a protracted war in Iran.WTI Oil approaches $94.00 as investors brace for a protracted war in Iran

GBP/JPY holds steady above 213.00 after UK Retail Sales; JPY intervention fears cap gains.GBP/JPY holds steady above 213.00 after UK Retail Sales; JPY intervention fears cap gains

Pound Sterling moves little following UK Retail Sales data.Pound Sterling moves little following UK Retail Sales data