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USD/CAD finds some support near 1.4200 mark as Oil prices plunge to fresh multi-year low
The USD/CAD pair continues with its struggle to move back above the 100-day Simple Moving Average (SMA) and attracts fresh sellers during the Asian session on Wednesday.
India Gold price today: Gold jumps as Trump's 104% tariffs on China kick in
US President Donald Trump's global reciprocal kick in on Wednesday, fuelling a fresh risk-aversion wave across the financial markets, spiking up the demand for the traditional safe haven Gold.
EUR/JPY trades near 160.40 after recovering daily losses, eyes on MOF, FSA, BoJ's meeting
EUR/JPY recovers its daily losses, trading near the 160.50 during Asian trading hours on Wednesday.
EUR/USD attracts some buyers above 1.1050, FOMC Minutes in focus
The EUR/USD pair rises to near 1.1065 during the early European session on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after US President Donald Trump's tariff policy takes effect.
NZD/USD Price Forecast: Rebounds from sub-0.5500 levels/multi-year low; not out of the woods yet
The NZD/USD pair stages a modest recovery from levels below the 0.5500 psychological mark, or the lowest since March 2020 touched earlier this Thursday after the Reserve Bank of New Zealand (RBNZ) announced its policy decision.
GBP/USD appreciates to near 1.2850 due to easing trade tensions after Trump's comments
The GBP/USD pair advances for a second straight session, trading near 1.2820 during Asian hours on Wednesday.
Japanese Yen strengthens further as recession fears boost safe-haven demand
The Japanese Yen (JPY) buying remains unabated for the second straight day on Wednesday as investors continue to take refuge in the traditional safe-haven currency amid concerns about a tariffs-driven global recession.
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.
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.
USD/INR holds steady ahead of RBI rate decision
The Indian Rupee (INR) trades flat on Wednesday after reaching the largest single-day loss in nearly three months in the previous session. The local currency remains under pressure amid a looming global trade war stoking fears of economic meltdown.
Australian Dollar appreciates amid potential easing of global trade tensions
The Australian Dollar (AUD) halts 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.
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.
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.
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.
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.
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.
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.
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.
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.
RBNZ set for another interest rate cut amid trade tariff uncertainty
The Reserve Bank of New Zealand (RBNZ) is on track to deliver a 25 basis point (bps) cut to the Official Cash Rate (OCR), bringing down the key policy rate from 3.75% to 3.50% following its April monetary policy meeting on Wednesday.
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