Natural Gas Price Forecast: Stalls at 50-Day MA, Bearish Trend Intact.Natural gas remains in a declining channel, with risks skewed lower. A move below $3.74 could confirm continued weakness, while a breakout above $3.96 is needed for recovery.
Pollitico: EU tariffs could be as high as 20-25%.Politico is reporting that the European Union is likely to face a flat, double-digit tariff on all goods exported to the U.S. as part of "reciprocal tariffs" expected to be formally announced by former President Donald Trump on April 2 and take effect at midnight on April 3. This is according to European diplomats.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Crude Inventories Fall.Venezuela supply worries provide additional support to oil markets.
US Dollar Forecast: Price Action Tightens Around 200-Day MA as Kashkari Signals Patience.DXY nears key resistance as tariff fears and Fed caution drive price action. Traders watch 105.167 for breakout or fresh downside risk.
Mexican Peso wobbles as growth concerns mount before Banxico call.The Mexican Peso (MXN) depreciates against the US Dollar (USD) during the North American session on Wednesday following the release of economic data during the week, which highlighted the evolution of the disinflation process as well as an economy that is weakening. The USD/MXN trades at 20.08, up 0.20%.