Most of the G10 currencies are showing weakness against the dollar except for the yen, which remains resilient. The dollar approached JPY 152, marking a new 34-year high and prompting heightened attention from senior officials in Tokyo.
Gold maintains its strength, achieving a higher low for the third successive session, hovering around $2200.
May WTI experiences slight softening after encountering resistance above $82 yesterday, coupled with a notable increase reported by API.

Asia Pacific
The Ministry of Finance is set to disclose weekly portfolio flows tomorrow. Japanese investors divested JPY 800 billion of foreign bonds in the week ending March 15, following purchases exceeding JPY 2 trillion in the preceding two weeks. Market focus shifts to upcoming data covering the previous week.
Amidst the absence of clear cues from US interest rates and despite heightened verbal warnings from Japanese officials, the dollar remains range-bound between JPY 151.20 and JPY 151.60. Although edging closer to JPY 152, the dollar faces renewed resistance amid escalating official rhetoric.

Australia's monthly CPI remains unchanged in February at 3.4% for the third consecutive month, diverging from expectations of a minor uptick. The Australian dollar hits a low near $0.6510.

Europe
Sweden's Riksbank maintains rates as anticipated but hints at a potential cut in Q2. Odds of a May cut have risen in recent weeks, predating the softer-than-expected February CPI report on March 14.

The euro peaks near $1.0865 before the commencement of US trading, but subsequently retreats to $1.0825, closing weakly.
Sterling exhibits a similar pattern, stalling after retracing 38.2% of the previous week's decline, settling near session lows around $1.2610 before attracting buying interest in Europe.

America
The economic calendar for the day is relatively light. Key events include the sale of four-month bills, $28 billion two-year floating-rate notes, and $43 billion seven-year notes. Following the closure of North American markets, Fed Governor Walker delivers a speech at the Economic Club in NY.
The week's highlight is scheduled for Friday, with the release of February personal income and consumption data and deflators, followed by Fed Chair Powell's participation in a moderated conversation at the San Francisco Federal Reserve's Macroeconomics and Monetary Policy Conference.

The US dollar records its second consecutive session of decline against the Canadian dollar.