Ella 
The U.S. dollar index (DXY) regained the area above the 103.00 mark as market expectations continue to grow that the Federal Reserve will launch an easing cycle in the summer. U.S. data was light on March 13, with only weekly MBA mortgage application data released.
EUR/USD is heading lower, retesting around 1.0900 and there appears to be some decent fighting going on. Eurogroup industrial production data will be released on March 13.
GBP/USD weakened further on the back of a stronger US dollar, challenging the mid-1.2700 level. The UK will release important economic data on March 13 such as gross domestic product (GDP), construction output, balance of trade in goods, industrial production and manufacturing production.
Renewed yen depreciation helped USD/JPY break out of several sessions of losses and briefly break above the 148.00 mark, all the while amid fading expectations that the Bank of Japan may exit its easy monetary policy stance at its meeting next week.
AUD/USD corrected further downwards and broke below the 0.6600 support on the back of a stronger US dollar and a weak performance in iron ore.
WTI oil prices fluctuated around $78.00 as traders continued to assess geopolitical factors, OPEC’s monthly report maintained an upbeat tone, and upcoming Energy Information Administration crude inventory data.
Further strength in the U.S. dollar, coupled with a broad-based rise in U.S. bond yields, pushed gold prices back to the $2,150 an ounce area, ending a nine-day streak of positive gains. Silver prices followed suit, recovering after rising to a three-month high near $24.70.
