Forex News & Analysis

Silver Price Forecast: XAG/USD holds above $29.50 amid tariff uncertainty

By Fxstreet

Silver Price Forecast: XAG/USD holds above $29.50 amid tariff uncertainty

The Silver price (XAG/USD) recovers some lost ground to around $29.85 during the Asian trading hours on Wednesday. Analysts believe the recent correction could be a setup for a strong rebound amid rising trade tensions and recession fears.

Silver

Commodities

Macroeconomics

XAGUSD

Válasz

Japanese Yen stands firm near YTD peak against USD amid US tariffs-inspired global meltdown

News Discussion Forum

By Fxstreet

Japanese Yen stands firm near YTD peak against USD amid US tariffs-inspired global meltdown

The Japanese Yen (JPY) sticks to strong intraday gains heading into the European session on Thursday and currently trades near the year-to-date peak against its American counterpart.

TradeWar

BOJ

SEO

USDJPY

RiskAversion

Válasz

Risk sentiment to stay weak in near term; yen may strengthen further

News Discussion Forum

By Forex Live

Risk sentiment to stay weak in near term; yen may strengthen further

Meaningful progress on unwinding tariffs is unlikely in the short term

JPY

Válasz

NZD/USD rises to near 0.5550 following RBNZ interest rate decision

News Discussion Forum

By Fxstreet

NZD/USD rises to near 0.5550 following RBNZ interest rate decision

The NZD/USD pair edges higher after the Reserve Bank of New Zealand (RBNZ) cut interest rates by 25 basis points (bps), in line with market expectations.

NZDUSD

RBNZ

Macroeconomics

Majors

NewZealand

Válasz

AUD/NZD sticks to intraday gains around 1.0800 after RBNZ’s expected 25 bps rate cut

News Discussion Forum

By Fxstreet

AUD/NZD sticks to intraday gains around 1.0800 after RBNZ’s expected 25 bps rate cut

The AUD/NZD cross regains positive traction during the Asian session on Wednesday, though it struggles to capitalize on the move and remains confined in the previous day's broader range.

AUDNZD

RBNZ

TradeWar

Currencies

RiskAversion

Válasz

USD/INR gains traction as RBI cuts Repo Rate by 25 bps to 6.00%

News Discussion Forum

By Fxstreet

USD/INR gains traction as RBI cuts Repo Rate by 25 bps to 6.00%

The Indian Rupee (INR) extends the decline on Wednesday after reaching the largest single-day loss in nearly three months in the previous session.

EmergingMarkets

SEO

USDINR

India

Macroeconomics

Válasz

Australian Dollar experiences volatility ahead of China's high-level meeting

News Discussion Forum

By Fxstreet

Australian Dollar experiences volatility ahead of China's high-level meeting

The Australian Dollar (AUD) halted its three-day losing streak against the US Dollar (USD) on Wednesday, supported by comments from US President Donald Trump suggesting a willingness to negotiate with trade partners. Trump’s remarks boosted optimism for a potential easing of global trade tensions.

TradeWar

SEO

Majors

AUDUSD

Macroeconomics

Válasz

Counting down, less than 3 hours to go: US Imports from China face 104% tariff at midnight

News Discussion Forum

By Forex Live

Counting down, less than 3 hours to go: US Imports from China face 104% tariff at midnight

Trump thinks the politics of this are in his favour

CNY

China Stock Market

China

CNH

Válasz

PBOC sets USD/ CNY reference rate for today at 7.2066 (vs. estimate at 7.3348)

News Discussion Forum

By Forex Live

PBOC sets USD/ CNY reference rate for today at 7.2066 (vs. estimate at 7.3348)

PBOC CNY reference rate setting for the trading session ahead.

CNY

China Stock Market

China

CNH

pboc

Válasz

News Discussion Forum

By Fxstreet

PBOC sets USD/CNY reference rate at 7.2066 vs. 7.2038 previous

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2066 as compared to the previous day's fix of 7.2038 and 7.3348 Reuters estimate.

Currencies

CentralBanks

USDCNY

PBOC

Válasz

US President Donald Trump says China is manipulating Yuan to offset against tariffs

News Discussion Forum

By Fxstreet

US President Donald Trump says China is manipulating Yuan to offset against tariffs

US President Donald Trump said late Tuesday that China is manipulating the Chinese Yuan to offset against tariffs.

China

TradeWar

UnitedStates

Macroeconomics

Válasz

EUR/USD jumping back above 1.1000, taking some pressure off 'risk' FX

News Discussion Forum

By Forex Live

EUR/USD jumping back above 1.1000, taking some pressure off 'risk' FX

Equities remain pressured though

EUR

Válasz

Japan's Kato says will not sell US Treasury holdings just from standpoint of US-Japan relations

News Discussion Forum

By Fxstreet

Japan's Kato says will not sell US Treasury holdings just from standpoint of US-Japan relations

Japan’s Finance Minister Shunichi Kato said early Wednesday that there is no preset standard on what is the appropriate size of Japan’s foreign reserves, adding that Japan will not sell US Treasury holdings just from the standpoint of US-Japan relations.

UnitedStates

Japan

Macroeconomics

Válasz

AUD/USD and NZD/USD soft, US equity index futures also very heavy

News Discussion Forum

By Forex Live

AUD/USD and NZD/USD soft, US equity index futures also very heavy

Risk is under a lot of pressure here in Asia as US yields continue to tick higher and higher

Bonds

AUD

NZD

Válasz

BoJ’s Ueda: Uncertainties have increased domestically and internationally

News Discussion Forum

By Fxstreet

BoJ’s Ueda: Uncertainties have increased domestically and internationally

Bank of Japan Governor Kazuo Ueda said early Wednesday that the uncertainty surrounding both domestic and overseas economies is increasing due to US tariffs. Ueda further stated that the Japanese central bank will closely monitor developments.

BOJ

CentralBanks

Macroeconomics

Válasz

Japan Kato: Won’t sell us Treasury holdings just from standpoint of US-Japan relations

News Discussion Forum

By Forex Live

Japan Kato: Won’t sell us Treasury holdings just from standpoint of US-Japan relations

Japan fin min Kato

Bonds

JPY

Válasz

WTI slumps below $57.25 as escalating US-China trade tensions spark demand fears

News Discussion Forum

By Fxstreet

WTI slumps below $57.25 as escalating US-China trade tensions spark demand fears

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.25 during the early Asian session on Wednesday. The WTI price extends the decline near a four-year low due to US President Donald Trump’s trade war rhetoric, growing recession fears in the US and weak global demand.

Oil

WTI

Commodities

Macroeconomics

Válasz

EUR/USD fights off bearish flows, but tariffs and cautionary Fed remain

News Discussion Forum

By Fxstreet

EUR/USD fights off bearish flows, but tariffs and cautionary Fed remain

EUR/USD caught a mild bullish recovery on Tuesday, snapping a two-day losing streak and chalking in some last-minute gains before the Trump administration’s widespread “reciprocal” tariffs come into effect on April 9.

EURUSD

TradeWar

Fed

Válasz

Foreign aid. Trump can be pig-headed stubborn, is there a sign he'll soon bend on tariffs?

News Discussion Forum

By Forex Live

Foreign aid. Trump can be pig-headed stubborn, is there a sign he'll soon bend on tariffs?

I've been pessimistic on tariffs since the start, is it time to get a little optimistic?

Bonds

SPX

USD

Válasz

USD/CAD weakens to near 1.4250, FOMC Minutes in focus

News Discussion Forum

By Fxstreet

USD/CAD weakens to near 1.4250, FOMC Minutes in focus

The USD/CAD pair edges lower to around 1.4255 during the late American session on Tuesday. The Canadian Dollar (CAD) strengthens against the Greenback as investors weigh the prospect of negotiations globally over US trade tariffs. The FOMC Minutes will be in the spotlight later on Wednesday.

TradeWar

USDCAD

Majors

Macroeconomics

Válasz

Goldman Sachs say escalating US-China tariff tensions a downside risk to economic growth

News Discussion Forum

By Forex Live

Goldman Sachs say escalating US-China tariff tensions a downside risk to economic growth

Goldman Sachs

CNY

China Stock Market

China

CNH

Válasz

South Korea announces emergency measures for auto industry

News Discussion Forum

By Forex Live

South Korea announces emergency measures for auto industry

KRW

Válasz

GBP/USD catches much-needed bounce from key moving average as tariffs loom

News Discussion Forum

By Fxstreet

GBP/USD catches much-needed bounce from key moving average as tariffs loom

GBP/USD snapped a harsh two-day losing streak on Tuesday, finding a technical bounce from the 200-day Exponential Moving Average (EMA) just north of the 1.2700 handle.

TradeWar

Fed

Inflation

GBPUSD

Válasz

News Discussion Forum

By Forex Live

Fitch downgrades six Chinese banks

Fitch downgrades six Chinese banks to A, Outlook stable

CNY

China Stock Market

China

CNH

Válasz

Trump administration has moved to restore some terminated foreign aid programs

News Discussion Forum

By Forex Live

Trump administration has moved to restore some terminated foreign aid programs

Info via Reuters

Politics

Válasz

Stock Market Forecast: Impact of Tariffs and Future Trends

News Discussion Forum

By Forex Live

Stock Market Forecast: Impact of Tariffs and Future Trends

“Things are rarely as bad — or as good — as most people think.”

Politics

Stocks

Válasz

BMO: Tariff escalation means too early to call a 'risk' bottom

News Discussion Forum

By Forex Live

BMO: Tariff escalation means too early to call a 'risk' bottom

BMO says if tariffs remain in place stagflation is likely, even recession

SPX

USD

Válasz

Gold stuck as US yield splie, tariff worries drag prices beneath $3,000

News Discussion Forum

By Fxstreet

Gold stuck as US yield splie, tariff worries drag prices beneath $3,000

Gold price snaps three days of losses, consolidates below the $3,000 figure as US Treasury yields rise, making the non-yielding metal less appealing for investors. Even though there are hopes of trade deals between partners, the “trade war” between the US and China makes investors uneasy.

Technical Analysis

XAUUSD

SEO

Gold

Fundamental Analysis

Válasz

Fitch Ratings warns US tariffs may temporarily trim deficit but deliver dire consequences

News Discussion Forum

By Forex Live

Fitch Ratings warns US tariffs may temporarily trim deficit but deliver dire consequences

Tariffs will not be enough to put the U.S. on a sustainable fiscal path.

Bonds

SPX

USD

Válasz

AUD/JPY Price Analysis: Aussie drops sharply toward 87.00 as bearish pressure intensifies

News Discussion Forum

By Fxstreet

AUD/JPY Price Analysis: Aussie drops sharply toward 87.00 as bearish pressure intensifies

The AUD/JPY pair extended its losses on Tuesday, trading near the 87.00 area ahead of the Asian session. The cross has dropped significantly on the day, falling near the bottom of its daily range, reflecting persistent downside pressure.

Crosses

Technical Analysis

Currencies

AUDJPY

Válasz

RBNZ lowers interest rate by 25 bps to 3.5% as expected

News Discussion Forum

By Fxstreet

RBNZ lowers interest rate by 25 bps to 3.5% as expected

The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.

RBNZ

SEO

CentralBanks

NZDUSD

Válasz

Forexlive Americas FX news wrap: Hope for a tariff deal dwindles, yuan hits record low

News Discussion Forum

By Forex Live

Forexlive Americas FX news wrap: Hope for a tariff deal dwindles, yuan hits record low

Forex news for North American trading on Apr 8, 2025

Session wrap

Wrap Nth America

Válasz

NZD/USD Price Analysis: Kiwi edges higher but bears keep control below key moving averages

News Discussion Forum

By Fxstreet

NZD/USD Price Analysis: Kiwi edges higher but bears keep control below key moving averages

The NZD/USD pair registered neutral movements during Tuesday’s session, with the pair seen moving around the 0.5530 region but cleared gains which took it to highs above 0.5600.

Technical Analysis

Currencies

Majors

NZDUSD

Válasz

Australian Dollar finds tentative footing near 0.6000 amid tariff turmoil, mixed signals on Tuesday

News Discussion Forum

By Fxstreet

Australian Dollar finds tentative footing near 0.6000 amid tariff turmoil, mixed signals on Tuesday

The Australian Dollar staged a fragile bounce during Tuesday’s American session, holding near the 0.6000 zone after rebounding from session lows. This recovery came as the US Dollar’s earlier strength faded, helping risk currencies like the Aussie stabilize within their recent five-year low range.

Currencies

AUDUSD

Válasz