Keep Network USD Price & Performance (KEEPUSD)

The British Pound (GBP) faced pressure after UK GDP for February contracted by 0.1%, missing expectations. This economic contraction dampens prospects for a Bank of England rate hike, while the U.S. Dollar remains firm on rising inflation expectations. GBP/USD and GBP/JPY are expected to stay under pressure.12

Gold prices surged to an all-time high of $3,057.21 per ounce, driven by rising geopolitical tensions and strong market demand. Analysts recommend buying on dips as bullish momentum continues, with targets set between $3,075 and $3,100. The precious metal’s rally highlights its safe-haven appeal during uncertain times.34

The USD/JPY pair continues its upward trajectory, trading above 160 as market forces keep the yen under pressure. Despite higher-than-expected Japanese inflation, investors remain focused on U.S. rate expectations and dollar strength. Analysts predict further gains unless major exogenous shocks alter the trend.56