CropBytes USD Price & Performance (CBXUSD)

The University of Michigan Consumer Sentiment Index for March plummeted to 57.9, marking its weakest level in over two years. This decline reflects growing concerns over inflation and economic policy. Inflation expectations have surged, with the 5-year estimate reaching 3.9%, signaling persistent pressures above the Federal Reserve's target.12

Gold continues its upward trajectory, nearing its record high of $2,956. Rising geopolitical tensions and economic risks have bolstered the metal’s appeal as a safe haven. Support levels remain strong, with technical indicators suggesting further advances, as investors seek stability amidst inflation concerns and trade policy unpredictability.34

The Mexican Peso rallied against the US Dollar, closing at 19.86, its strongest in four months. This came despite weak domestic economic data and a slump in US consumer sentiment. Analysts suggest the Peso’s gains were driven by a buoyant market mood and technical factors favoring emerging market currencies.15