The U.S. Dollar weakened ahead of key Federal Reserve updates and ongoing concerns about the Middle East conflict, which has kept oil prices near 5-month highs and equities down. Uncertainty around potential inflationary pressures and shipping disruptions add to market volatility. The Euro gained strength as inflation in the Euro-zone showed signs of control, hitting the European Central Bank’s target of 2.0% annual growth. Meanwhile, the Mexican Peso rebounded after a brief decline, maintaining resilience despite weaker Q1 economic data and trade tensions with the U.S. Markets remain on edge as they await developments in global geopolitics and economic indicators.