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GBPUSD breaks key support zones as sellers regain control
GBPUSD breaks key support zones as sellers regain control
Momentum shifts lower with multiple technical breaks; next targets eyed at 1.2719 and 1.2654
GBP
USD
Silver Price Forecast: XAG/USD recovers strongly above $30 as Fed dovish bets swell
Silver Price Forecast: XAG/USD recovers strongly above $30 as Fed dovish bets swell
Silver price (XAG/USD) is up almost 2.4% near $30.30 during North American trading hours on Monday.
Silver
XAGUSD
Fed
Metals
TradeWar
White House: Not aware of Trump considering a 90-day pause in tariffs
White House: Not aware of Trump considering a 90-day pause in tariffs
Several news outlets, including Reuters, reported on Monday that Kevin Hassett, Director of the National Economic Council (NEC), told CNBC that US President Donald Trump is considering a 90-day pause in tariffs for all countries except China.
TradeWar
UnitedStates
AUDUSD rebounds as stocks rebound
AUDUSD rebounds as stocks rebound
WH Hasset: Trump mulls tariff delay with the exception of China
Hassett: Trump is mulling a 90 pause on tariffs aside from China
Hassett: Trump is mulling a 90 pause on tariffs aside from China
Comment from the White House economic advisor
Politics
Exness Returns to iFX EXPO LATAM 2025: A Diamond Sponsor Focused on Affiliate Growth
Exness Returns to iFX EXPO LATAM 2025: A Diamond Sponsor Focused on Affiliate Growth
News Discussion Forum
By Finance Magnates
Exness Returns to iFX EXPO LATAM 2025: A Diamond Sponsor Focused on Affiliate Growth
Affiliates attending the expo are invited to visit Exness at booth 19 to discover its comprehensive partnership programs.
US stock markets get an oversold bounce
US stock markets get an oversold bounce
Some buying into margin calls
Stocks
US March employment trends 109.03 vs 108.56 prior
US March employment trends 109.03 vs 108.56 prior
Employment trends data from the Conference Board
CMC Markets Adds TradingView for Direct Trading from Charts
CMC Markets Adds TradingView for Direct Trading from Charts
News Discussion Forum
By Finance Magnates
CMC Markets Adds TradingView for Direct Trading from Charts
CMC Markets integrated TradingView to enable users to execute trades directly from the charting platform. This new feature reportedly allows traders to access CMC Markets' offerings and trade witho...
USD/CAD trades higher around 1.4260 as Canadian Dollar underperforms
USD/CAD trades higher around 1.4260 as Canadian Dollar underperforms
The USD/CAD pair rises to near 1.4260 during North American trading hours on Monday. The Loonie pair gains as the Canadian Dollar (CAD) faces selling pressure amid growing expectations that the Bank of Canada (BoC) could continue reducing interest rates this year.
USDCAD
BOC
Employment
TradeWar
DollarIndex
EU Trade Commissioner Sefcovic: Offered zero-for-zero tariffs to US for cars and all industrial goods
EU Trade Commissioner Sefcovic: Offered zero-for-zero tariffs to US for cars and all industrial goods
European Union trade commissioner Maros Sefcovic said on Monday that a range of tariffs is hitting 380 billion Euros worth of EU exports of the US. "Some 70% of our total exports are facing tariffs," he added.
Eurozone
UnitedStates
Politics
Rough open for stocks as S&P 500 falls 3.4% to enter a technical bear market
Rough open for stocks as S&P 500 falls 3.4% to enter a technical bear market
The index is now down more than 20% from its February closing high
The USDCAD is trying to stretch higher.
The USDCAD is trying to stretch higher.
The USDCAD has support at 1.4238. Resistance has MA resistance lining up
CAD
USD
GBP edges slightly lower – Scotiabank
GBP edges slightly lower – Scotiabank
Pound Sterling (GBP) is soft, down a modest 0.2% vs. the USD and a mid-performer among the G10 currencies.
Technical Analysis
Banks
GBPUSD
EUR gains modestly in tight range – Scotiabank
EUR gains modestly in tight range – Scotiabank
Euro (EUR) is quietly consolidating within a relatively tight range around the mid-1.09s and strengthening modestly vs. the USD, outpacing all the G10 currencies apart from the havens JPY and CHF.
Technical Analysis
EURUSD
Banks
Why Ethereum is Down: Price Hits 2-Year Low as Bitcoin Drops 6% in Broad Crypto Selloff
Why Ethereum is Down: Price Hits 2-Year Low as Bitcoin Drops 6% in Broad Crypto Selloff
News Discussion Forum
By Finance Magnates
Why Ethereum is Down: Price Hits 2-Year Low as Bitcoin Drops 6% in Broad Crypto Selloff
A deepening selloff in the crypto market has sent the second-largest cryptocurrency, Ethereum, trading at levels last seen in two years.
Ethereum
Japan PM Ishiba: Will continue to push US to review tariff policies
Japan PM Ishiba: Will continue to push US to review tariff policies
Japanese Prime Minister (PM) Shigeru Ishiba said on Monday that the told United States (US) President Donald Trump in a video meeting that Japan has made the biggest investment in the US for five straight years, per Reuters.
Japan
UnitedStates
Politics
TradeWar
CAD holds range ahead of BoC Business Outlook Survey – Scotiabank
CAD holds range ahead of BoC Business Outlook Survey – Scotiabank
The Canadian Dollar (CAD) is remarkably stable considering the carnage playing out in stocks. Spot has held a tight range close to Friday’s closing level throughout Asian and European trade.
Technical Analysis
BOC
USDCAD
Banks
USD mixed amid ongoing stock market weakness – Scotiabank
USD mixed amid ongoing stock market weakness – Scotiabank
Stocks screens are a sea of red as investors register deepening concerns over the impact of US tariffs on the global economy. Are countries rushing to offer the US concessions on trade? So far, it seems only Vietnam and Cambodia have started talks to lift levies.
Technical Analysis
Banks
DollarIndex
WH Trade Adviser Navarro: Any talk of recession seems silly given expected tax cuts
WH Trade Adviser Navarro: Any talk of recession seems silly given expected tax cuts
White House Trade Adviser Peter Navarro told CNBC on Monday that countries seeking a tariff relief need to lower non-tariff barriers, per Reuters.
TradeWar
UnitedStates
Politics
US yields are moving higher
US yields are moving higher
2 year now unchanged. 10 year above 4%
Trump: Don’t be weak
Trump: Don’t be weak
The latest post on Truth Social
Politics
EC President von der Leyen: We are ready to negotiate with US on tariffs
EC President von der Leyen: We are ready to negotiate with US on tariffs
European Commission President Ursula von der Leyen said on Monday that they are ready to negotiate with the United States on tariffs, per Reuters.
TradeWar
Eurozone
UnitedStates
Politics
Beware of claims of an emergency Fed meeting
Beware of claims of an emergency Fed meeting
It's making the rounds on X that the Fed is holding an emergency meeting to potentially discuss a rate cut. Unfortunately, it's just a regular meeting.
market overview
WH Economic Adviser Hasset: Trump will listen to trading partners if they offer really great deals
WH Economic Adviser Hasset: Trump will listen to trading partners if they offer really great deals
In an interview with Fox News on Monday, Kevin Hassett, Director of the US National Economic Council (NEC), said that US President Donald Trump is doubling down on something he knows works and added that Trump will listen to trading partners if they offer "really great deals," per Reuters.
UnitedStates
Politics
Peter Navarro set to speak on CNBC
Peter Navarro set to speak on CNBC
He is scheduled to speak at 8:40 am ET
Politics
Eyes on the bond market and tariff talk with no US data on  the schedule
Eyes on the bond market and tariff talk with no US data on the schedule
Canadian business survey is the lone notable item on the agenda
economic calendar
As stocks fall the major US currencies are mixed. What are the technicals telling traders?
As stocks fall the major US currencies are mixed. What are the technicals telling traders?
In the video, I outline the key technical levels in play for the EURUSD, USDJPY and GBUSD to kickstart the US session on April 7
ForexLive European FX news wrap: Markets stay in retreat but pick up a little, for now
ForexLive European FX news wrap: Markets stay in retreat but pick up a little, for now
Forex news from the European morning session on Apr 7, 2025
Session wrap
Wrap Europe