A more tentative mood ahead of European trading today ...Middle East

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The good news for dip buyers is that they are at least seen making a bit of a stand for the first time in over a month. Any further optimism on the tariffs front will only help to fuel the rebound. But at the same time, investors still have to be wary of Trump wanting to talk up a big game on tariffs right before they are realised next week.

As a reminder though, we have the UK spring budget due tomorrow and also month-end/quarter-end considerations in the next few days. So, those will be some things to look out for as we navigate through the week as well.

This article was written by Justin Low at www.forexlive.com.

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