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The concerns of the tariff raises the gold to the peak of the new record

Here is what you need to know on Monday 31 March:

Gold benefits from safe flows from flows amid the increasing tariff fears at the beginning of the week and circulate at the highest new level ever exceeding $ 3,120. European economic calendar will contain primary inflation data from Germany. In the second half of the day, the markets will pay close attention to commercial headlines in war and geopolitical developments.

The Wall Street Journal reported that US President Donald Trump’s advisers are considering imposing a global tariff of up to 20 % on all imports in the United States. The Trump administration is expected to share the details of the new tariff agenda on Wednesday. In addition, Trump said on Sunday that if he felt that Moscow is trying to prevent his attempts to end the war in Ukraine, he will impose a secondary tariff ranging from 25 % to 50 % on Russian oil buyers. This reflects the risk -spent market environment, the last time the stock index indicators were seen losing between 0.4 % and 1.2 %. At the same time, and US dollar (USD) The index is traded marginally on the day that is less than 104.00 in the European morning. The Procurement Manager Index at the Federal Reserve in Dallas and the data of the Chicago Procurement Managers for the month of March will be published in the second half of the day.

US dollar price 7 days last days

The table below shows the percentage of change in the US dollar (USD) against the main currencies listed in 7 days. The US dollar was the strongest against the New Zealand dollar.

US dollar euro GBP JPY CAD Aud Nzd Chf
US dollar -0.12 % -0.34 % -0.33 % -0.22 % -16 % 0.37 % -0.43 %
euro 0.12 % -0.34 % -0.74 % -07 % -06 % 0.54 % -0.29 %
GBP 0.34 % 0.34 % 0.02 % -0.35 % 0.25 % 0.89 % -06 %
JPY 0.33 % 0.74 % -02 % 0.10 % 0.14 % 0.72 % -0.14 %
CAD 0.22 % 0.07 % 0.35 % -0.10 % 0.12 % 0.60 % -0.23 %
Aud 0.16 % 0.06 % -0.25 % -0.14 % -0.12 % 0.61 % -0.22 %
Nzd -37 % -0.54 % -0.89 % -0.72 % -0.60 % -61 % -0.76 %
Chf 0.43 % 0.29 % 0.06 % 0.14 % 0.23 % 0.22 % 0.76 %

The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the US dollar from the left column and move along the horizontal line to the Japanese yen, the percentage offered in the box will represent the USD (base)/JPY (quote).

After the sharp decrease on Friday, USD/JPY It remains under downtown on Monday and loses more than 0.6 % on the day that is less than 149.00. At the Asian session on Tuesday, the Japanese Ministry of Health and Welfare will issue the unemployment rate for February.

After a six -day decrease, Euro/dollars On Thursday and Friday, the traction force and the registered gains gained an equal week. The husband remains relatively calm and turns over 1.0800 in the European morning. Data from Germany showed earlier that retail sales increased by 0.8 % on a monthly basis in February, where they became better than market expectations without change.

GBP/USD The previous week was closed at a marginal higher despite the struggle to build on Thursday’s gains. The husband holds his land to start the European session and trades over 1.2950.

Aud/USD Struggle to get on Monday and trades less than 0.6300. At the Asian session on Tuesday, the Australian Reserve Bank (RBA) will announce monetary policy decisions. The markets expect that RBA will leave the policy rate unchanged at 4.1 %.

Customs fees are common questions

Customs duties are useful customs duties on some imports of goods or a category of products. Customs duties are designed to help local producers and manufacturers to be more competitive in the market by providing the price feature on similar goods that can be imported. Definitions are widely used as fever tools, along with commercial barriers and import shares.

Although customs tariffs and taxes generate government revenues to finance public goods and services, they have many differences. Customs duties are pre -paid in the entry port, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and companies, while customs duties are paid by importers.

There is a school of thought between economists regarding the use of definitions. While some argue that definitions are necessary to protect local industries and address commercial imbalances, others see them as a harmful tool that can push prices up in the long term and lead to a harmful commercial war by encouraging customs tariffs.

During the period before the presidential elections in November 2024, Donald Trump explained that he intends to use the customs tariff to support the American economy and American producers. In 2024, Mexico, China and Canada accounted for 42 % of the total imports of the United States. During this period, Mexico emerged as the best source with $ 466.6 billion, according to the American Statistical Office. Thus, Trump wants to focus on these three countries when imposing definitions. It is also planned to use the revenues created by definitions to reduce personal income taxes.

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