GBP/USD climbs despite Trump’s auto tariffs, markets bet on UK exemption
GBP/USD climbs despite Trump’s auto tariffs, markets bet on UK exemption
The Pound Sterling rises during the North American session, against the Greenback even though the US President Donald Trump enacted automotive tariffs on all cars made outside of the United States (US).
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
Breaking: Gold climbs to record highs around $3,060
Breaking: Gold climbs to record highs around $3,060
Prices of Gold rose to an all-time peak around the $3,060 mark per troy ounce on Thursday, following the downward trend in the US Dollar, mixed US yields, and rising uncertainty surrounding the White House's trade policy.
Breaking
Gold
Metals
USD/JPY refreshes three-week high near 151.00 despite correction in US Dollar
USD/JPY refreshes three-week high near 151.00 despite correction in US Dollar
The USD/JPY pair posts a fresh three-week high near 151.00 during North American trading hours on Thursday.
USDJPY
Fed
BOJ
DollarIndex
UnitedStates
The US consumer continues to hold up
The US consumer continues to hold up
What does credit card spending show
AUD/USD Price Forecast: Wobbles around 0.6300
AUD/USD Price Forecast: Wobbles around 0.6300
The AUD/USD pair trades sideways around 0.6300 in Thursday’s North American session.
AUDUSD
Fed
TradeWar
DollarIndex
SupportResistance
US February pending home sales +2.0% vs +1.0% expected
US February pending home sales +2.0% vs +1.0% expected
US pending home sales numbers for February 2025
White House: Some of the tariff numbers will be more conservative than expected
White House: Some of the tariff numbers will be more conservative than expected
Comments from White House Press Secretary Karoline Leavitt
Politics
USD
ECB’s de Guindos: We are optimistic with regard to inflation
ECB’s de Guindos: We are optimistic with regard to inflation
European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that they are optimistic with regard to inflation and that they believe they will converge towards the inflation target on a stable basis in coming quarters, per Reuters.
ECB
CentralBanks
US GDP expands by 2.4% in Q4 vs. 2.3% in previous estimate
US GDP expands by 2.4% in Q4 vs. 2.3% in previous estimate
The US Bureau of Economic Analysis (BEA) reported on Thursday that the United States' Gross Domestic Product (GDP) expanded at an annual rate of 2.4% in the fourth quarter. This reading came in above the market expectation and the previous estimate of 2.3%.
GDP
UnitedStates
EconomicIndicator
US: Initial Jobless Claims dropped a tad to 224K last week
US: Initial Jobless Claims dropped a tad to 224K last week
US citizens filing new applications for unemployment insurance ticked lower to 224K for the week ending March 22, as reported by the US Department of Labor (DOL) on Thursday.
UnitedStates
Employment
EconomicIndicator
DollarIndex
US Q4 final GDP +2.4% vs +2.3% expected
US Q4 final GDP +2.4% vs +2.3% expected
Final fourth quarter GDP for 2024
US initial jobless claims 224K vs 225K estimate
US initial jobless claims 224K vs 225K estimate
The initial and continuous jobless claims for current week
EU Commission: EU preparing response to new import tariffs announced by US
EU Commission: EU preparing response to new import tariffs announced by US
The European Union is preparing its response to new import tariffs announced by the United States, a spokesperson for the European commission said on Thursday, per Reuters.
Europe
Eurozone
Politics
US Dollar looking for direction after car tariffs being digested by markets
US Dollar looking for direction after car tariffs being digested by markets
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, lacks a substantial catalyst and might be flatlining going into Friday's PCE data, trading around 104.35 at the time of writing. The DXY edged higher
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
ForexLive European FX news wrap: Dollar mixed, gold edges higher as risk stays cautious
ForexLive European FX news wrap: Dollar mixed, gold edges higher as risk stays cautious
Forex news from the European morning session on Mar 27, 2025
Session wrap
Wrap Europe
Silver Price Forecast: XAG/USD jumps to near $34 as Trump’s tariffs stoke global uncertainty
Silver Price Forecast: XAG/USD jumps to near $34 as Trump’s tariffs stoke global uncertainty
Silver price (XAG/USD) advances to near $34.00 during European trading hours on Thursday.
Silver
XAGUSD
Fed
Inflation
SupportResistance
The S&P 500 falls on renewed tariffs fears but bounces from a trendline. What's next?
The S&P 500 falls on renewed tariffs fears but bounces from a trendline. What's next?
The S&P 500 had a rough day yesterday but dip-buyers were quick to step in around a trendline as we continue to await the April 2nd deadline
S&P Futures Technical Analysis
Gold shines as we draw closer to Trump tariffs deadline
Gold shines as we draw closer to Trump tariffs deadline
The precious metal is up nearly 1% today to $3,046
Gold
ECB’s de Galhau: Increase in long-term yields tightens financial conditions
ECB’s de Galhau: Increase in long-term yields tightens financial conditions
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said Thursday that “an increase in long-term yields, all things being equal, tightens financial conditions.”
ECB
CentralBanks
InterestRate
EURUSD
ECB's Villeroy: Increase in long term yields tightens financial conditions
ECB's Villeroy: Increase in long term yields tightens financial conditions
Remarks by ECB policymaker, Francois Villeroy de Galhau
Gold eases on its gains as markets digest Trump's auto tariffs
Gold eases on its gains as markets digest Trump's auto tariffs
Gold price (XAU/USD) jumped higher on Thursday, gained over 1.00% at one point before fading back to $3,046 at the time of writing. The pop in the precious metal was infused by United States President Donald Trump, who issued fresh new tariffs.
Gold
Commodities
UnitedStates
SEO
TradeWar
EUR/USD recovers while ECB warns of economic risks due to potential trade war
EUR/USD recovers while ECB warns of economic risks due to potential trade war
EUR/USD jumps to near 1.0800 in North American trading hours on Thursday.
EURUSD
ECB
Fed
DollarIndex
SEO
EURUSD continues to hug a trendline as the US Dollar remains supported amid uncertainty
EURUSD continues to hug a trendline as the US Dollar remains supported amid uncertainty
The EURUSD pair has been in a textbook downtrend as renewed tariffs noise boosted the greenback ahead of the April 2nd event
EUR
USD
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver
Commodities
Metals
UK’s Reeves: UK is in intensive tariff talks with the Trump administration
UK’s Reeves: UK is in intensive tariff talks with the Trump administration
British Finance Minister Rachel Reeves said on Thursday that “the UK is in intensive tariff talks with the Trump administration.”
GBPUSD
UnitedKingdom
FiscalPolicy
NZD/USD rises to near 0.5750 as China’s Ding pledges support for private sector growth
NZD/USD rises to near 0.5750 as China’s Ding pledges support for private sector growth
NZD/USD is trading around 0.5740 during European hours on Thursday, recovering from losses in the previous session.
NZDUSD
Macroeconomics
TradeWar
NewZealand
USD/CAD struggles to find acceptance above 1.4300 amid modest USD weakness
USD/CAD struggles to find acceptance above 1.4300 amid modest USD weakness
The USD/CAD pair builds on the previous day's modest bounce from the 1.4235 area, or over a one-month low, and gains some follow-through positive traction on Thursday.
USDCAD
TradeWar
Fed
EconomicIndicator
Currencies
Eurozone February M3 money supply +4.0% vs +3.8% y/y expected
Eurozone February M3 money supply +4.0% vs +3.8% y/y expected
Latest data released by the ECB - 27 March 2025
UK's Chancellor Reeves: The UK is in intensive tariff talks
UK's Chancellor Reeves: The UK is in intensive tariff talks
UK's Chancellor Rachel Reeves speaking on tariffs
Traders increase bets on ECB rate cuts after the auto tariffs announcement
Traders increase bets on ECB rate cuts after the auto tariffs announcement
The Trump's announcement of 25% tariffs on auto imports saw traders increasing slightly their bets for more ECB easing this year
market overview
WTI falls toward $69.00 as traders assess the impact of Trump auto tariffs
WTI falls toward $69.00 as traders assess the impact of Trump auto tariffs
West Texas Intermediate (WTI) crude Oil price halts its three-day rally, trading around $69.20 per barrel during European hours on Thursday.
Oil
WTI
Macroeconomics
Commodities
TradeWar
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 Thursday, early in the European session.
Oil
WTI
Commodities
The DAX index falls as auto stocks get slammed on Trump's 25% tariffs
The DAX index falls as auto stocks get slammed on Trump's 25% tariffs
The DAX index opened more than 1% lower today following yesterday's announcement of 25% tariffs on auto imports
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 Thursday, according to FXStreet data.
Platinum
Commodities
Palladium
European equities see red at the open today
European equities see red at the open today
A rough start as Trump tariffs pile on the worries
Stocks