Ella 
The U.S. Dollar Index has started the week on a weak note, with the U.S. Dollar Index (DXY) retreating from recent highs but still holding above the 104.00 mark. On March 26, the market will focus on the U.S. consumer confidence index released by the Conference Board, as well as durable goods orders and the housing price index released by the Federal Housing and Family Administration (FHFA).
EUR/USD is recording decent gains, bouncing off recent lows in the area around 1.0800. Germany’s GfK consumer confidence index will be released on March 26.
GBP/USD followed risk currencies and retreated for a second consecutive session on Monday, falling below the 1.2600 mark. Next up to watch is UK GDP data for March 28.
USD/JPY has started the week hovering around the 151.50 area, while market participants remain wary of potential FX intervention as USD/JPY approaches the key 152.00 mark.
AUD/USD was boosted by improving risk appetite and pushed AUD/USD towards the key 200-day moving average in the mid-0.6500 range. The Westpac Consumer Confidence Index will be released on March 26 and RBA Governor Connelly will speak.
Further concerns about supply maintenance prompted WTI oil prices to regain some balance and regain above the $82.00 mark on Monday.
The U.S. dollar weakened again, sending gold prices higher after two consecutive sessions of losses. Likewise, silver prices also posted weak gains after a sharp sell-off in the second half of last week.
