GBP: Testing the relative safe-haven status – ING
GBP: Testing the relative safe-haven status – ING
The UK’s goods exports to the US are worth just below 2% of GDP compared to 3% for the eurozone. It is no massive difference, but the EU has been much more in the focus of Trump’s confrontational foreign approach, ING’s FX analysts Francesco Pesole notes.
EURGBP
GBPUSD
Banks
Technical Analysis
USD/JPY: Bias to sell rallies – OCBC
USD/JPY: Bias to sell rallies – OCBC
USD/JPY remains caught in a 2-way trade between safe haven demand and JPY being directly hit by reciprocal tariffs. Pair was last at 149.60, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Technical Analysis
USDJPY
Banks
USD: Tariff announcement at 10PM CET – ING
USD: Tariff announcement at 10PM CET – ING
The market reaction to today’s 'liberation day' will depend on the size of tariffs, geographical/sectorial distribution, and openness to negotiation. The announcement is due at 4PM ET/10PM CET, ING’s FX analysts Francesco Pesole notes.
Technical Analysis
TradeWar
Banks
DollarIndex
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver
Commodities
Metals
ECB’s Rehn: Trade protectionism is a key risk to economic outlook
ECB’s Rehn: Trade protectionism is a key risk to economic outlook
European Central Bank (ECB) policymaker Olli Rehn said on Wednesday, “trade protectionism is a key risk to economic outlook.”
ECB
EURUSD
CentralBanks
InterestRate
Lagarde speech: Tariffs aren't good for the global economy
Lagarde speech: Tariffs aren't good for the global economy
European Central Bank (ECB) President Christine Lagarde warned on Wednesday, “tariffs aren't good for the global economy.”
ECB
EURUSD
CentralBanks
InterestRate
DXY: 2-way trades into event risk – OCBC
DXY: 2-way trades into event risk – OCBC
US Dollar (USD) held steady as markets await reciprocal tariff announcement on 2 Apr (4pm ET/4am SGT Thurs morning). There are reports to suggest that Trump’s team is still in the midst of finalising tariffs, with options ranging from reciprocal to tiered to universal tariffs.
DollarIndex
Technical Analysis
Banks
Gold price orbits around $3,120 awaiting Trump's reciprocal tariffs announcement
Gold price orbits around $3,120 awaiting Trump's reciprocal tariffs announcement
Gold price (XAU/USD) stabilizes above $3,120 at the time of writing on Wednesday with still the fresh all-time nearby, at $3,149. The Gold rush rally stalled ahead of United States (US) President Donald Trump officially announcing the reciprocal tariff
Gold
Commodities
UnitedStates
TradeWar
XAUUSD
Exclusive: Prop Firms and CFD Brokers Get Messaging Makeover as Convrs and Leverate Join Forces
Exclusive: Prop Firms and CFD Brokers Get Messaging Makeover as Convrs and Leverate Join Forces
News Discussion Forum
By Finance Magnates
Exclusive: Prop Firms and CFD Brokers Get Messaging Makeover as Convrs and Leverate Join Forces
Messaging platform provider Convrs and trading technology firm Leverate announced today (Wednesday) a partnership aimed at enhancing client engagement capabilities for forex brokers and prop tradin...
Conv.rs
Leverate
prop firms
CFD brokers
GBP/USD: Expected to trade in a sideways range of 1.2885/1.2945 – UOB Group
GBP/USD: Expected to trade in a sideways range of 1.2885/1.2945 – UOB Group
Pound Sterling (GBP) is expected to trade in a sideways range of 1.2885/1.2945 vs US Dollar (USD). In the longer run, current price movements are likely part of a range trading phase, expected to be between 1.2850 and 1.3050, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Technical Analysis
Banks
There's lots of focus on the NFP report but it might not matter at all
There's lots of focus on the NFP report but it might not matter at all
The data is by definition backward looking, it has value for the market when it changes expectations
market overview
Liberation Day – but at what price? – Commerzbank
Liberation Day – but at what price? – Commerzbank
The uncertainty that Trump's policy brings with it, through his many U-turns, his erratic statements and his cancellation of long-standing agreements and treaties.
Growth
UnitedStates
TradeWar
Banks
AUD/USD climbs to fresh weekly top, retakes 0.6300 ahead of Trump’s reciprocal tariffs
AUD/USD climbs to fresh weekly top, retakes 0.6300 ahead of Trump’s reciprocal tariffs
The AUD/USD pair attracts some follow-through buyers for the second consecutive day and recovers further from a nearly four-week low, around the 0.6220-0.6215 area touched on Monday.
AUDUSD
RBA
Fed
TradeWar
Currencies
EUR/USD: Current price movements are likely part of a range trading phase – UOB Group
EUR/USD: Current price movements are likely part of a range trading phase – UOB Group
Slight increase in downward momentum is likely to lead to a lower range of 1.0770/1.0820 instead of a sustained decline.
EURUSD
Technical Analysis
Banks
Big moves expected for the USDCAD pair on the tariffs announcement today
Big moves expected for the USDCAD pair on the tariffs announcement today
The "Liberation Day" has finally arrived and CAD traders are bracing for impact
CAD
USD
Major currencies see light changes as traders wait on Trump tariffs
Major currencies see light changes as traders wait on Trump tariffs
The dollar is keeping steadier so far with only the antipodes holding a slight advance
EUR: Room to price in more tariff risk – ING
EUR: Room to price in more tariff risk – ING
EUR/USD has softened a bit into today’s tariff event, but price action suggests strong buying interest below 1.080, in another sign that markets aren’t ready to sink their teeth on a negative, tariff-led euro narrative, ING’s FX analysts Francesco Pesole notes.
EURUSD
Technical Analysis
Banks
How Donald Trump’s Tariffs Will Impact Bitcoin? Expert Predicts BTC Price Jump to $150K
How Donald Trump’s Tariffs Will Impact Bitcoin? Expert Predicts BTC Price Jump to $150K
News Discussion Forum
By Finance Magnates
How Donald Trump’s Tariffs Will Impact Bitcoin? Expert Predicts BTC Price Jump to $150K
Donald Trump’s tariffs on April 2, 2025, may impact Bitcoin prices. Explore crypto market trends, resistance at $87K-$92K, and dollar effects at FinanceMagnates.com.
bitcoin
Bitcoin news
donald trump
trump
Trump Tariffs
Palladium price today: Rare metals mixed at the start of the European session
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Wednesday, according to FXStreet data.
Platinum
Commodities
Palladium
The Important Role of Regulation in Trading and What Traders Should Know
The Important Role of Regulation in Trading and What Traders Should Know
News Discussion Forum
By Finance Magnates
The Important Role of Regulation in Trading and What Traders Should Know
Financial regulation provides the ethical and legal framework for financial operations. Regulators act to protect traders’ best interests against bad actors, ensuring they do not risk losing their ...
compliance
Crude oil price today: WTI price bearish at European opening
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session.
Oil
WTI
Commodities
Nasdaq Futures Trade Idea & Analysis Today (Tariff Event Edition)
Nasdaq Futures Trade Idea & Analysis Today (Tariff Event Edition)
Trade Idea – Contrarian Long Setup in Nasdaq Futures (Mostly Nasdaq Micros) Today
TradeCompass
Nasdaq
Nasdaq Technical Analysis
What are the interest rates expectations ahead of the tariffs announcement
What are the interest rates expectations ahead of the tariffs announcement
Let's see what the market is pricing for the major central banks ahead of the reciprocal tariffs announcement at 16:00 ET/20:00 GMT
market overview
9 Barriers, 1 Big Problem: Why Italians Still Don’t Invest
9 Barriers, 1 Big Problem: Why Italians Still Don’t Invest
News Discussion Forum
By Finance Magnates
9 Barriers, 1 Big Problem: Why Italians Still Don’t Invest
Despite being a nation of savers, Italians remain largely absent from the financial markets. The average Italian investor would prefer a low-risk, low-return investment with a short- to medium-term...
italy
cfds
Pound Sterling rises against US Dollar while investors await Trump's tariff plan
Pound Sterling rises against US Dollar while investors await Trump's tariff plan
The Pound Sterling (GBP) rises to near around 1.2950 against the US Dollar (USD) in Wednesday’s North American session.
GBPUSD
Fed
BOE
TradeWar
SEO
USDCHF is trading at the upper bound of the range ahead of the tariffs announcement
USDCHF is trading at the upper bound of the range ahead of the tariffs announcement
The USDCHF pair has been stuck in a month-long range but today's tariffs announcement should lead to a breakout on either side.
CHF
USD
FXSpotStream Hits Record $116.9 Billion Daily Volume in March 2025
FXSpotStream Hits Record $116.9 Billion Daily Volume in March 2025
News Discussion Forum
By Finance Magnates
FXSpotStream Hits Record $116.9 Billion Daily Volume in March 2025
Since the beginning of 2025, we've been observing above-average volatility in financial markets, including foreign exchange (FX). This is confirmed by another consecutive record-breaking month for ...
FXSpotStream
average monthly volumes
FX Volumes
Trading Volume
Breaking: US ADP Employment Change rose above consensus in March
Breaking: US ADP Employment Change rose above consensus in March
US private-sector hiring took a noticeable uptick in March, with employers adding 155K jobs—far more than the 105K economists had been expecting—according to the latest ADP report. This strong performance also surpasses February’s revised total of 84K (originally reported at 77K).
Breaking
UnitedStates
SEO
Employment
DollarIndex
Change
Forex Today: It's all about Trump's tariff announcements on "Liberation Day"
Forex Today: It's all about Trump's tariff announcements on "Liberation Day"
Here is what you need to know on Wednesday, April 2:
Majors
Currencies
EconomicIndicator
Commodities
TradeWar
Axi UK Profit Jumps 90% to $4 Million in 2024 on Higher Trading Volume
Axi UK Profit Jumps 90% to $4 Million in 2024 on Higher Trading Volume
News Discussion Forum
By Finance Magnates
Axi UK Profit Jumps 90% to $4 Million in 2024 on Higher Trading Volume
The UK subsidiary of retail CFD brokerage Axi has reported a substantial increase in both revenue and profit for the fiscal year ended June 30, 2024 (FY2024), according to the company's recently pu...
Axi
fiscal year 2024
European equities reserve caution to start the day
European equities reserve caution to start the day
A slight setback to the gains yesterday
Stocks
USD/CHF drifts higher to near 0.8850 amid looming Trump tariff
USD/CHF drifts higher to near 0.8850 amid looming Trump tariff
The USD/CHF pair strengthens to around 0.8845 during the early European session on Wednesday.
USDCHF
Majors
Macroeconomics
Gold Technical Analysis – All eyes on the reciprocal tariffs announcement
Gold Technical Analysis – All eyes on the reciprocal tariffs announcement
Gold’s rally stalled as traders await the US reciprocal tariffs announcement at 16:00 ET. What’s next?
Gold
EUR/INR today: Indian Rupee cross rates mixed at the start of the European session
EUR/INR today: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Wednesday, according to FXStreet data.
India
What are the main events for today?
What are the main events for today?
All eyes on the reciprocal tariffs announcement at 16:00 ET/20:00 GMT
market overview
Liberation Day Is Upon Us: Tariffs and Trump’s Big Gamble on Trade
Liberation Day Is Upon Us: Tariffs and Trump’s Big Gamble on Trade
News Discussion Forum
By Finance Magnates
Liberation Day Is Upon Us: Tariffs and Trump’s Big Gamble on Trade
Trump’s Liberation Day arrives with fresh tariffs, Oren Cass cheerleading, and Howard Lutnick in the hot seat. Here's what it means for global trade.
Liberation Day
trade
Trump Tariffs
China keeps up the pressure on Taiwan, to simulate strikes on ground and maritime targets
China keeps up the pressure on Taiwan, to simulate strikes on ground and maritime targets
This is the second day of drills around Taiwan with strong military pressure being applied
Politics
EUR/USD holds positive ground near 1.0800 as traders brace for Trump’s tariff announcement
EUR/USD holds positive ground near 1.0800 as traders brace for Trump’s tariff announcement
The EUR/USD pair trades in positive territory near 1.0790 during the early European trading hours on Wednesday.
EURUSD
Majors
Macroeconomics
Eurozone