Forex News

The long end is blowing out again as yields near the March highs

News Discussion Forum

By Forex Live

The long end is blowing out again as yields near the March highs

US 30-year yields now up 14.5 bps on the day

Bonds

The Republican big money donors are starting to push back on tariffs

News Discussion Forum

By Forex Live

The Republican big money donors are starting to push back on tariffs

Billionaire Ken Griffin calls them a “huge policy mistake” after previously dismissing the threat

Politics

Dow Jones Industrial Average slows recovery as investors await tariff kick-in

News Discussion Forum

By Fxstreet

Dow Jones Industrial Average slows recovery as investors await tariff kick-in

The Dow Jones Industrial Average (DJIA) fumbled an early recovery on Tuesday, briefly crossing above 39,000 before slumping back to the 38,000 handle as markets brace for tariff kick-off following the Trump administration’s “Liberation Day” tariff announcements last week.

DowJones

TradeWar

Equities

SEO

Mexico GDP forecast slashed, Banxico seen cutting rates aggressively in 2025 – Citi

News Discussion Forum

By Fxstreet

Mexico GDP forecast slashed, Banxico seen cutting rates aggressively in 2025 – Citi

On Monday, Citi revealed its latest Mexico Expectations Survey, in which private economists projected that the economy would grow 0.3% in 2025, less than the 0.6% expected in the last survey. For 2026, the GDP growth is expected to decrease from 1.7% to 1.5%.

Mexico

GDP

USDMXN

Banxico

InterestRate

Mexican Peso depreciates sharply on tariff woes ahead of inflation data

News Discussion Forum

By Fxstreet

Mexican Peso depreciates sharply on tariff woes ahead of inflation data

The Mexican Peso prolonged its losses for the third straight day against the Greenback as market sentiment improved, spurred by revelations of US Treasury Secretary Scott Bessent that deals could be made with major trading partners. At the time of writing, the USD/MXN trades at 20.83, up 0.75%.

Technical Analysis

SEO

USDMXN

Banxico

Fundamental Analysis

S&P 500 briefly turns negative after giving back a 4% gain

News Discussion Forum

By Forex Live

S&P 500 briefly turns negative after giving back a 4% gain

Not a pretty picture

SPX

USD/CNH hits 7.40 for the first time as yuan continues to weaken

News Discussion Forum

By Forex Live

USD/CNH hits 7.40 for the first time as yuan continues to weaken

Is Beijing sending a warning to Washington?

Politics

White House: Trump directed team to have tailor-made trade deals with every country

News Discussion Forum

By Forex Live

White House: Trump directed team to have tailor-made trade deals with every country

A plan is emerging

Politics

There is no evidence yet that Trump has signed the order for additional China tariffs

News Discussion Forum

By Forex Live

There is no evidence yet that Trump has signed the order for additional China tariffs

Amidst all the reports

Politics

US treasury auctions off $58 billion of 3-year notes at a high yield of 3.784%

News Discussion Forum

By Forex Live

US treasury auctions off $58 billion of 3-year notes at a high yield of 3.784%

WI level at the time of the auction was 3.76%

USD

White House Press Secretary Levitt says tariffs on China have not gone into effect yet

News Discussion Forum

By Forex Live

White House Press Secretary Levitt says tariffs on China have not gone into effect yet

Tears aren't supposed to go in effect for China at midnight tonight

USD

News Discussion Forum

By Fxstreet

White House slaps 104% tariffs on China

The White House announced that 104% tariffs on China went into effect at noon Eastern Time, revealed Karoline Leavitt, Press Secretary, as retaliation for China's applying 34% duties on US exports. She added that tariffs will be collected starting on Wednesday.

Sentiment

China

TradeWar

UnitedStates

RiskAversion

Bank of England Lombardellli: Tariffs are likely to depress activity

News Discussion Forum

By Forex Live

Bank of England Lombardellli: Tariffs are likely to depress activity

BOE

US stocks are starting to give up their gains

News Discussion Forum

By Forex Live

US stocks are starting to give up their gains

NASDAQ index now up 79 points after being up 713 points at session highs

Stocks

WH Levitt: 104% additional tariffs went into effect at noon Eastern time

News Discussion Forum

By Forex Live

WH Levitt: 104% additional tariffs went into effect at noon Eastern time

USD

Italy's PM Meloni: Will be in Washington on April 17 to discuss tariffs with Pres. Trump

News Discussion Forum

By Forex Live

Italy's PM Meloni: Will be in Washington on April 17 to discuss tariffs with Pres. Trump

USD

Fed's Goolsbee: Tariffs are much worse than what we had been modeling

News Discussion Forum

By Forex Live

Fed's Goolsbee: Tariffs are much worse than what we had been modeling

Chicago Fed Pres. Goolsbee speaking

USD

USTR Greer: Costs from tariffs often rarely get down to the consumer

News Discussion Forum

By Forex Live

USTR Greer: Costs from tariffs often rarely get down to the consumer

USD

EUR/USD Price Analysis: Euro holds steady near 1.0900 amid mixed momentum signals

News Discussion Forum

By Fxstreet

EUR/USD Price Analysis: Euro holds steady near 1.0900 amid mixed momentum signals

The EUR/USD pair traded with a slight bearish bias on Tuesday after the European session, slipping mildly toward the 1.0900 region strugguling to hold earlier gains.

Technical Analysis

Currencies

EURUSD

Majors

GBP/USD rebounds as Trump, Bessent stoke tariff deal hopes

News Discussion Forum

By Fxstreet

GBP/USD rebounds as Trump, Bessent stoke tariff deal hopes

The Pound Sterling (GBP) is recovering some ground against the Greenback on Tuesday, edging up 0.34% amid renewed hopes that tariffs are indeed used as negotiation tools, as United States (US) President Donald Trump said that “many, many, countries are coming to negotiate deals with us.” At the time

Technical Analysis

Majors

GBPUSD

Fundamental Analysis

News Discussion Forum

By Forex Live

S&P 500 falls into the opening gap

S&P 500 halves gain

SPX

Netanyahu takes an ultra-hawkish position on Iran's nuclear program

News Discussion Forum

By Forex Live

Netanyahu takes an ultra-hawkish position on Iran's nuclear program

The market isn't watching for the chances of a conflict in Iran

Politics

USTR Greer: There is no particular timeline on Trump's negotiations on tariffs

News Discussion Forum

By Forex Live

USTR Greer: There is no particular timeline on Trump's negotiations on tariffs

There's no plan

Politics

US Trade Rep. Greer: We are trying to work very quickly on trade negotiations

News Discussion Forum

By Fxstreet

US Trade Rep. Greer: We are trying to work very quickly on trade negotiations

United States Trade Representative (USTR) Jamieson Greer said during the Senate Finance Committee hearing on Tuesday that they are currently in talks with about 50 countries about tariffs, per Reuters.

China

TradeWar

UnitedStates

Politics

Macroeconomics

Offshore Chinese yuan cracks major level to hit the weakest on record

News Discussion Forum

By Forex Live

Offshore Chinese yuan cracks major level to hit the weakest on record

Yuan rises above the highs from 2022, 2023 and 2024

CNH

Silver Price Forecast: XAG/USD jumps to near $30.50 on potential US-China trade war

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD jumps to near $30.50 on potential US-China trade war

The price of Silver (XAG) advances to near $30.50 during North American trading hours on Tuesday. The white metal strengthens as its safe-haven appeal has increased, with traders becoming increasingly concerned over the outlook of trade relations between the United States (US) and China.

Silver

TradeWar

Fed

Inflation

XAGUSD

Goldman Sachs: We're making a major shift in our USD view, EUR/USD forecasts hiked

News Discussion Forum

By Forex Live

Goldman Sachs: We're making a major shift in our USD view, EUR/USD forecasts hiked

Goldman Sachs on the US dollar against the euro

EUR

Canada March Ivey PMI 51.3 vs 55.3 prior

News Discussion Forum

By Forex Live

Canada March Ivey PMI 51.3 vs 55.3 prior

The Canadian manufacturing survey from the Ivey business school

CAD

WH Economic Adviser Hassett: Fed will decide interest rates, we respect independence

News Discussion Forum

By Fxstreet

WH Economic Adviser Hassett: Fed will decide interest rates, we respect independence

In an interview with Fox News on Tuesday, Kevin Hassett, Director of the US National Economic Council (NEC), said that they are getting ready to present a plan to US President Donald Trump on "who and when for tariff talks," per Reuters.

Fed

UnitedStates

CentralBanks

Macroeconomics

Hassett: Getting ready to present a plan to Trump on who and when for tariff talks

News Discussion Forum

By Forex Live

Hassett: Getting ready to present a plan to Trump on who and when for tariff talks

What does this tell us?

Politics

German Economic Institute cuts 2025 GDP growth forecast to +0.1% from +0.8% in September

News Discussion Forum

By Forex Live

German Economic Institute cuts 2025 GDP growth forecast to +0.1% from +0.8% in September

Report from Reuters, citing sources

EUR

Copper: What rises high can fall deep – Commerzbank

News Discussion Forum

By Fxstreet

Copper: What rises high can fall deep – Commerzbank

The Copper price was one of the biggest losers among base metals since 2 April, starting the week by falling by more than 15%, Commerzbank's commodity analyst Barbara Lambrecht notes.

Metals

Copper

Commodities

Banks

GBP/USD edges slightly lower – Scotiabank

News Discussion Forum

By Fxstreet

GBP/USD edges slightly lower – Scotiabank

Pound Sterling (GBP) is soft, down a modest 0.2% vs. the US Dollar (USD) and a mid-performer among the G10 currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Technical Analysis

Banks

GBPUSD

EUR underperforms amid broad USD losses – Scotiabank

News Discussion Forum

By Fxstreet

EUR underperforms amid broad USD losses – Scotiabank

Euro (EUR) is quietly consolidating in a tight range in the 1.09s, eking out a marginal gain against the US Dollar (USD) while underperforming all the G10 currencies in an environment of broad-based USD weakness.

EURUSD

Banks

Technical Analysis

OPEC+ sticks to production increase for the time being – Commerzbank

News Discussion Forum

By Fxstreet

OPEC+ sticks to production increase for the time being – Commerzbank

At a virtual meeting of the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ oil ministers at the weekend, the only thing that was apparently discussed was better compliance with existing production targets, Commerzbank's commodity analyst Carsten Fritsch notes.

Oil

OPEC

Energy

Commodities

Banks

CAD trades near estimated fair value on softer USD – Scotiabank

News Discussion Forum

By Fxstreet

CAD trades near estimated fair value on softer USD – Scotiabank

The Canadian Dollar (CAD) has firmed up a little in response to the improvement in risk appetite, although it is lagging its commodity cousins’ intraday gains, Scotiabank's Chief FX Strategist Shaun Osborne notes.

BankStocks

Canada

BOC

USDCAD