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AUD/USD: RBA leaves the cash rate target unchanged - BBH
AUD/USD retraced some of yesterday's sharp losses triggered by the broad sell-off in risk assets, BBH's FX analysts report.
White House aides draft proposal to impose tariffs of around 20 % on most imports to US - WaPo
Citing sources familiar with the matter, the Washington Post reported on Tuesday that White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, per Reuters.
USD/JPY: Likely to trade in a range between 149.00 and 150.50 - UOB Group
Instead of continuing to decline, US Dollar (USD) is more likely to trade in a range between 149.00 and 150.50 vs Japanese Yen (JPY).
USD/JPY is trading close to 150.00 - BBH
USD/JPY is consolidating around 150.00, BBH's FX analysts report.
EUR/USD edges higher after preliminary Eurozone HICP release, Trump's tariffs remain key
EUR/USD attracts some bids and ticks higher to near 1.0820 during the European trading session on Tuesday after the release of the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) for March and the Eurozone Unemployment Rate for February.
NZD/USD: Oversold decline has not stabilised - UOB Group
Oversold decline has not stabilised; New Zealand Dollar (NZD) could drop further, but a sustained break below 0.5640 is unlikely.
AUD/USD risks declining further - Societe Generale
AUD/USD downtrend has stalled after reaching 0.6080 in February.
SNB continues to intervene only cautiously - Commerzbank
Yesterday's figures on the Swiss National Bank's (SNB) foreign exchange interventions, which amounted to around 100 million in the fourth quarter, once again confirmed that the SNB is currently intervening in the foreign exchange market rather cautiously, Commerzbank's FX analyst Michael Pfister notes.
AUD/USD: Chance to retest the 0.6220 level - UOB Group
Australian Dollar (AUD) could retest the 0.6220 level; any further decline is not expected to reach 0.6185.
USD: Data tests before tariffs - ING
The currency market caught up with the tariff threat at the start of this week, with the dollar stronger across the board, the yen supported, and high-beta currencies under pressure.
ECB's Rehn: If data verifies baseline, the right reaction should be to cut in April
European Central Bank (ECB) policymaker Olli Rehn commented on the Bank's interest rate outlook on Tuesday.
Gold price hits new all-time high ahead of Trump's reciprocal tariffs
Gold price (XAU/USD) edges higher again for a second day this week and for the first day of the second quarter of 2025.
USD/CAD consolidates near multi-week top, below 1.4400 ahead of Trump's tariffs
The USD/CAD pair touches a two-and-half-week top on Tuesday, though it struggles to find acceptance or build on the intraday uptick beyond the 1.4400 mark.
Eurozone Preliminary HICP inflation ticks down to 2.2% YoY in February as expected
The Eurozone Harmonized Index of Consumer Prices (HICP) rose at an annual pace of 2.2% in March after increasing by 2.3% in February, the official data released by Eurostat showed Tuesday. The data matched the market forecast of 2.2% in the reported period.
BoE's Greene: Rising inflation expectations are a concern
Bank of England (BoE) policymaker Megan Greene said on Tuesday that "rising inflation expectations are a concern."
RBA: No change due to caution - Commerzbank
The Reserve Bank of Australia left its cash rate unchanged at 4.1% this morning.
US: Looming tariff threats put Asia at risk - UOB Group
As the 2 April 'Liberation Day' approaches, financial markets have turned more jittery with exporters and businesses bracing for potentially hard-hitting import tariffs imposed by US President Trump, UOB Group's economists Suan Teck Kin and Alvin Liew note.
GBP/USD: Any decline is likely limited to a test of 1.2880 - UOB Group
Pound Sterling (GBP) is under mild downward pressure vs US Dollar (USD); it is expected to edge lower, but any decline is likely limited to a test of 1.2880.
Euro bulls must now hope for the ECB - Commerzbank
Yesterday brought us three pieces of news that could be relevant for the euro.
EUR/USD: Expected to trade in a sideways range between 1.0780 and 1.0840 - UOB Group
Euro (EUR) is expected to trade in a sideways range between 1.0780 and 1.0840 vs US Dollar (USD).
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