Let's take a look at the main trading ideas for the current session.

Firstly, the European currency remains bullish and is testing the resistance of 1.09. Traders are focusing on the comments made by the head of the European Central Bank, Christine Lagarde, who stated that a significant direct hike is working. It's important to note that the Republic has already raised interest rates by half 30 basis points since July last year. However, inflation is still high and uncertain about its future behavior. The official also confirmed that the ECB will continue to maintain price stability in order to return information to the target level of 2 percent. Earlier, the regulator raised their interest rate by 50 basis points, and Lagarde's new statements suggest that hawkish rhetoric will continue and there will be no pause in monetary policy. Against this background, the euro may continue to strengthen.

Moving on to GBP/USD, the British currency is also growing significantly. The Office for National Statistics reported that inflation in the UK measured by the customer price index in February was at 2.4 percent year on year, up from 2.1 percent in January. This value significantly exceeded market expectations of 1.8 percent. The core comes from a press index which excludes volatile food and energy prices, rose to 1.6 percent in the same period from 1.2 percent. After the release of strong orientation data, the probability of a 25 basis point rate hike by the Bank of England after meeting today reached 90 percent from 50 on Tuesday, reflecting the hawkish mood of the regulator. If expectations are confirmed, the pound will update local price.

Lastly, the Australian currency against the dollar is testing the resistance of 0.60 at 750. The Chinese authorities have removed all major restrictions on the import of Australian coal, which could lead to a significant increase in trade between the two countries and ensure the recovery of both high colonies. Currently, China is the world's largest gold customer, purchasing 290 million tons last year alone. It is expected that the lifting of trade restrictions will allow Australia to export 1 million tons of coal in China by the end of this month. This will have a positive effect on the trade balance and may support the position of the national currency.

These are the main trading ideas for today's session. Thank you for your attention.