The US Dollar (USD) is slightly softer on the session. The USD benefitted from stronger than expected preliminary March US PMI data yesterday which fended off slowing growth concerns, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, has broken below 104.00 after headlines from the United States (US) President Donald Trump and his Vice President JD Vance. The index
The Financial Times reports that Trump is considering a two-step tariff regime on April 2 to impose immediate tariffs while conducting formal investigations into trading partners
The TSLA stock is up around 20% in just a few days as the market sentiment got a lift from positive tariffs news, better US data and the biggest retail buying streak by dollar amount in more than ten years
USD/JPY is up near a multi-week high just under 151.00 with the next big resistance offered at the 200-day moving average at 151.75, BBH's FX analysts report.
S&P 500 has rebounded after forming interim support near 5500pts representing the 61.8% retracement from last August, Societe Generale's FX analysts report.
In Canadian Dollar (CAD) FX space, the reaction to PM Carney's snap election, scheduled for April 28, has been quite muted so far, Danske Bank's FX analyst Jesper Fjärstedt reports.
Gold’s price (XAU/USD) hovers above $3,020 at the time of writing on Tuesday with markets crunching the numbers on the latest tariff commitments from United States (US) President Donald Trump. The president issued an executive order on Monday to
EUR/USD is hovering around the 1.08 mark after yesterday's session, which was characterized by slightly weaker-than-expected March PMIs from the euro area and slightly stronger readings from the US , Danske Bank's FX analyst Jesper Fjärstedt reports.
EUR/USD is hovering around the 1.08 mark after yesterday's session, which was characterized by slightly weaker-than-expected March PMIs from the euro area and slightly stronger readings from the US , Danske Bank's FX analyst Jesper Fjärstedt reports.
European Central Bank (ECB) policymaker Peter Kazimir said on Tuesday, “we are open to discuss a rate cut or pause in April.” No further comments are reported.
European Central Bank (ECB) policymaker Peter Kazimir said on Tuesday, “we are open to discuss a rate cut or pause in April.” No further comments are reported.
Silver (XAG/USD) attracts fresh buyers following the previous day's flat closing and builds on the steady intraday ascent through the first half of the European session on Tuesday.
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