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In today’s episode of the Daily Market Update from Monex USA, we explore the impact of global market closures during the Easter holiday, with key markets like EUR, GBP, CAD, and AUD shut down. Despite thinner trading conditions, the US FX market remains open, and the Dollar continues its recent trend of weakness, with the Bloomberg Dollar Spot Index heading for a weekly loss. We also delve into Federal Reserve Chair Jerome Powell’s speech on tariffs and inflation, alongside President Trump’s sharp criticism, which raises concerns about Fed independence. Finally, we highlight what to watch for as trading activity resumes next week. Tune in for the latest market insights and updates!
