EUR, JPY, GBP rise against USD at US trading start

The euro, yen, and pound are all strengthening against the US dollar as the US trading day begins. The dollar is falling against these major currencies, with the euro/dollar rate rising after an earlier decline. The dollar/yen is also lower, testing a key moving average at 150.013. Meanwhile, the pound/dollar is bouncing back after hitting a low of 1.2900. In other news, President Donald Trump is reportedly contemplating a two-step tariff plan, set to launch on "Liberation Day," April 2. This strategy aims to improve legal grounds for a “reciprocal” tariff system that could generate revenue for tax cuts. It might include urgent tariff measures while reviewing trade practices against partners using Section 301 of the U.S. Trade Act of 1974. The European Central Bank (ECB) officials are discussing potential rate cuts. They mention that current rates are in the neutral zone and could pause or adjust depending on tariffs. US stock markets have been marginally rising, marking a third consecutive day of gains. Today's economic data to watch includes home prices, consumer confidence, and new sales figures. Expectations indicate a slight decline in consumer confidence for March. The Federal Reserve has speakers scheduled, discussing economic conditions and entrepreneurship. In the markets, US stock futures point towards a higher opening. Currently, crude oil is up slightly, while gold and silver prices are also higher. Bitcoin, however, has dipped by $300.