USD/CHF moves sideways after registering losses in the previous three successive sessions, hovering around 0.8150 during the European trading hours on Tuesday. The pair remains within striking distance of the 0.8099 mark—its lowest level since September 2011—briefly touched on April 11.
US equities and bonds had a good Monday, but considering the width of Trump’s announced exemptions from China’s tariffs, the move is well short of exceptional. Markets retain a substantial risk premium attached to US assets, including the dollar.
Euro (EUR) bulls paused overnight, ahead of ZEW survey, industrial production data today, current account (Wednesday) and ECB meeting (Thursday). Pair was last at 1.1357 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The German ZEW surveys published today are the first activity indicators to be released in the eurozone since 'liberation day'. Remember that respondents are financial market experts, not business managers like the Ifo.
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 2.3% on a yearly basis in March from 2.6% in February, Statistics Canada reported on Tuesday. On a monthly basis, the CPI rose 0.3% following the 1.1% increase recorded in February.
The Pound Sterling (GBP) advances against its major peers, except antipodeans, on Tuesday after the release of the United Kingdom (UK) labor market data for three months ending February.
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $61.28 per barrel, up from Monday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $64.50 price posted on Monday, and trading at $64.75.
The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.4% in the three months to February, data published by the Office for National Statistics (ONS) showed on Thursday. The market forecast was for a 4.4% reading in the reported period.
The NZD/USD pair builds on the previous day's breakout momentum beyond the 200-day Simple Moving Average (SMA) and gains strong follow-through positive traction for the fifth successive day on Tuesday.
Silver price (XAG/USD) continues to show strength for the fifth consecutive session, trading around $32.30 per troy ounce during the Asian session on Tuesday.
The GBP/USD pair attracts buyers for the sixth straight day and climbs above the 1.3200 mark, hitting a fresh high since October 2024 during the Asian session on Tuesday.
EUR/USD continues to slide for the second consecutive session, trading near 1.1350 during Asian hours on Tuesday. The pair weakens as the US Dollar (USD) attempts to regain stability amid growing concerns over stagflation.
Gold price (XAU/USD) maintains its bid tone through the first half of the European session on Tuesday and currently trades around the $3,230 area, well within striking distance of the all-time peak touched the previous day.
West Texas Intermediate (WTI) crude Oil price remains stable around $61.10 during Asian trading hours on Tuesday. A potential upside in crude prices is supported by recent comments from US President Donald Trump, who suggested the possibility of new tariff exemptions.
USD/CAD halts its four-day losing streak, trading around 1.3890 during the Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) attempts to stabilize amid mounting concerns over stagflation.
اشترك في هذه المناقشةإشعارني عند نشر مشاركة في هذا النقاشيتم الإشعار عبر الموقع والبريد الإلكتروني. يرجى تحديد تكرار إشعارات البريد الإلكتروني لهذا الاشتراكتكرار الإشعارات:
اشتراك
| أكتب مراجعة
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.