Here is what you need to know on Monday, March 24:
After outperforming its competitors for three consecutive days, US dollar (USD) Struggle to find the request at the beginning of the week. Later in the day, the S & P Global will publish the data of the manufacturer and initial services index (PMI) for Germany, the eurozone, the United Kingdom and the United States.
US dollar price today
The table below shows the percentage of change in the US dollar (USD) against the main currencies listed today. The US dollar was the weakest against the Australian dollar.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | -0.24 % | -0.21 % | 0.33 % | -0.17 % | -0.27 % | 0.02 % | -05 % | |
| euro | 0.24 % | -08 % | 0.05 % | 0.11 % | -05 % | 0.31 % | 0.23 % | |
| GBP | 0.21 % | 0.08 % | 0.52 % | -0.44 % | -0.00 % | 0.39 % | 0.20 % | |
| JPY | -0.33 % | -05 % | -52 % | -0.50 % | -63 % | -0.30 % | -0.40 % | |
| CAD | 0.17 % | -11 % | 0.44 % | 0.50 % | -05 % | 0.19 % | 0.12 % | |
| Aud | 0.27 % | 0.05 % | 0.00 % | 0.63 % | 0.05 % | 0.37 % | 0.28 % | |
| Nzd | -02 % | -0.31 % | -0.39 % | 0.30 % | -0.19 % | -37 % | -0.00 % | |
| Chf | 0.05 % | -0.23 % | -0.20 % | 0.40 % | -0.12 % | -0.28 % | 0.00 % |
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 decline in the first half of March, the dollar index ended in the previous week in positive lands, with the support of a cautious outlook on the Federal Reserve (Fed) to further give policies and some optimistic data from the United States. Early on Monday, the dollar index is lower correction and fluctuates at about 104.00. Meanwhile, the futures index futures in the United States increases between 0.6 % and 0.9 % in the European morning, highlighting the improvement of the risk mood. According to the Wall Street Journal, the White House adjusts its approach to the definitions that were implemented on April 2, deleting a set of industry tariffs with the application of mutual definitions targeting countries with important commercial relations with the United States.
Data from Australia on Monday showed that the Compassite Composite Directors Index increased to 51.3 in the March Flash estimate of 50.6 in February. This reading highlighted that economic activity in the private sector has expanded at a slightly faster rate than it was in the previous month. After publishing the losses for four consecutive days, Aud/USD He earns traction and rose about 0.6300 in the European morning on Monday.
Chenichi Oshida, Deputy Governor of the Bank of Japan (BoJ), told the Japanese parliament on Monday that they would set the degree of cash dilution by raising the policy price, if economic expectations and prices are achieved. Meanwhile, the Jibun Banking Manager Index in Japan decreased to 48.3 in March 49 in February and the service managers index fell to 49.5 from 53.7. These numbers showed that both sectors decreased in the shrinkage area. Despite the pressure of the sale surrounding the US dollar, USD/JPY The edges are higher early than the two and the last time they were seen circulating in about 149.70.
After losing more than 0.5 % in the previous week, Euro/dollars The top 1.0850 is correct to start the European session on Monday.
GBP/USD Losses registered on Thursday and Friday to end the previous week without change. The pair connects the modest daily gains and trades slightly less than 1.2950 early in the two. Later in the day, England governor Andrew Billy will speak in a lecture on “Economy Growth in the United Kingdom” at Leicester University, England.
After preparing the records that were seen in the first half of last week, gold South and closed in red on Thursday and Friday. After settling over $ 3000, it appears that Xau/USD has entered a standardization stage of about $ 3.020 on Monday.
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.
