The current trading session brings important updates for the USD, GBP, and Brent crude oil. The dollar index starts the session at 102.70, and recent indicators reveal growing uncertainty among customers and a bleak economic outlook due to rising prices and inflation. Despite reassurances from Secretary of the Treasury Janet Yellen that the government is not working on introducing or fully insuring deposits, investors remain cautious and anticipate potential bankruptcies that could further pressure the dollar.

The GBP is deep in the red and holds a position near 1.2230. Last week, the Bank of England raised the rate by 0.25 to 4.25, citing significant inflation in February, which reached a new record of 10.4 percent. Customers face a lot of pressure, and the regulator believes that policy tightening is the only way out. A further increase in the rate could worsen economic conditions in the country, but failure to act could lead to inflation exceeding 15 percent, according to Bank of England's Henry Bale. If he repeats their territorial move, the pound may have an opportunity to recover about 1.23.

Brent crude oil is trading near 74.50 dollars per barrel and is under pressure due to statements by the US Secretary of Energy. The replenishment for the country's strategic reserve could take several years, while only the markets worked for faster purchase of black gold by the American administration. The negative dynamics were further exacerbated by the Russian Deputy Prime Minister Alexander Novak, who said that the country would reduce the production of raw materials by 500,000 barrels per day from 10.2 million barrels per day. Experiences assumed that the decline would start from the level of 9.8 million barrels and that the real reduction in oil production would be much less than previously thought. Given the above, the decline in oil may continue.

In summary, the trading session presents significant challenges for the USD, GBP, and Brent crude oil. While some indicators offer hope, such as the Bank of England's policy tightening, the market remains cautious and alert to potential risks, such as bankruptcies and supply cuts. Traders and investors must remain vigilant and adapt to the changing landscape to capitalize on potential opportunities.