EURUSD

This week marks the start of daylight saving time in the US, shifting data releases to 3:30 PM and stock market operations to 4:30 PM Turkey time. Europe is set to transition by the end of the month. Key US data includes JOLTS, February inflation, and Michigan Consumer Sentiment, while in Europe, ECB President Lagarde’s speech, Germany’s final CPI, Eurozone industrial production, and UK growth data are in focus. Wednesday’s CPI release is crucial for the US inflation outlook ahead of the Fed’s April 19 decision.

The Dollar Index’s recent decline has drawn attention, with short-term sellers and medium-term buyers creating a dynamic market. Optimism persists above the 200-week average (102.35), while resistance remains below the 233-day average (105.22). Market movements within this range and reactive pricing should be closely monitored.