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EUR/GBP Price Analysis: Euro holds firm near 0.86 with bullish support from moving averages
The EUR/GBP pair extended its positive momentum on Monday after the European session, holding near the 0.8600 area following a 0.31% daily gain. Price action hovered mid-range between 0.8577 and 0.8624, with bulls managing to sustain control without triggering a breakout.
GBP/USD soars toward 1.34 as traders question Fed's independence
The Pound Sterling rallies sharply by over 0.70% on Monday as investors grew distrustful of US policymakers after White House Economic Adviser Hassett stated that Trump is seeking ways to sack Fed Chair Jerome Powell.
AUD/USD Price Forecast: Refreshes four-month high above 0.6400
The AUD/USD pair posts a fresh four-month high above 0.6400 on Monday. The Aussie pair strengthens as the US Dollar (USD) continues to get battered by United States (US) President Donald Trump threatening the "autonomous" status of the Federal Reserve (Fed).
US Pres. Trump: Preemptive cuts in interest rates are being called for by many
In a post published on Truth Social on Monday, US President Donald Trump voiced his criticism over the Federal Reserve's (Fed) monetary policy and accused Fed Chairman Jerome Powell of lowering interest rates in late 2024 for political purposes.
USD/JPY plummets to near 140.50 as US Trump aims Fed Powell's removal
The USD/JPY pair falls sharply to near 140.50 during North American trading hours on Monday. The pair cracks after breaking below the previous week's low of 141.64 and aims to revisit the 21-month low of 139.60. The asset has shown significant weakness due to a sharp downside in the US Dollar (USD).
JPY up 1% with markets focused on trade talks April 24 - Scotiabank
Japanese Yen (JPY) is up an impressive 1.0% against the US Dollar (USD) but a mid-performer among the G10 currencies in an environment of material USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP a mid-performer as markets await BoE Government speech - Scotiabank
Pound Sterling (GBP) is up 0.8% against the US Dollar (USD) and relative underperformer against its European currency peers CHF, EUR and SEK.
EUR outperforming on relative risk & central bank policy - Scotiabank
Euro (EUR) is up an impressive 1.25% against. the US Dollar (USD) and outperforming all of the G10 currencies with the exception of Swiss Franc (CHF), Scotiabank's Chief FX Strategist Shaun Osborne notes.
CAD firmer but underperforms G10 peers - Scotiabank
USD/CAD traded briefly on a 1.37 handle earlier for the first time since October, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD slides on Fed independence threat - Scotiabank
The sell-off in the USD and US assets generally has resumed.
Fed's Goolsbee: Impact of tariffs on macro economy could be modest
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that short-run inflation expectations are up and added that it's very important for long-run inflation expectations not to rise.
GBP/USD surges above 1.3400 as threat to Fed's independence batters US Dollar
The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday, the highest level seen in seven months. The Cable strengthens as the US Dollar (USD) has been battered by the threat to the Federal Reserve's (Fed) independence after United States (US) President Donald Trump.
USD/CNY: Strong Q1 GDP growth, but challenges exist - MUFG
Macro data released last week showed the government policy support has been generating positive impact on the economy. China's Q1 GDP delivered a strong growth of 5.4%yoy, above market expectations of 5.2%yoy.
US and China: who will make the first move? - MUFG
The past week continued to bring a lack of clarity on tariffs, including on how and whether the US and China will eventually come to the table to at least start to negotiate.
USD weakness in focus this week - DBS
The USD's weakness will likely be a key topic at the G20 Finance Ministers and Central Bank Governor Meeting on April 23-24 in Washington D.C., which will be part of the Spring Meetings of the IMF and the World Bank.
Markets spooked by Trump's interest in removing Powell - UBS
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy with the idea of a politicized Fed--the US dollar and long-dated government bonds have weakened.
Eurozone: ECB cuts rates by 25 bps again - UOB Group
The European Central Bank (ECB) cut interest rates by 25 bps at its 17 April meeting. This is the seventh time since Jun 2025 that the central bank has lowered rates.
USD/CHF plummets to its lowest level since 2015, below mid-0.8000s amid bearish USD
The USD/CHF pair attracts heavy selling at the start of a new week and plummets to levels just below mid-0.8000s, or the lowest since January 2015 during the first half of the European session.
AUD/JPY falls below 90.50 due to rising odds of BoJ rate hikes
The AUD/JPY pair extends its decline for a second straight session, hovering around 90.40 during Monday's European trading hours. The Japanese Yen (JPY) continues to strengthen, supported by rising expectations that the Bank of Japan (BoJ) will persist with its interest rate hikes.
EUR/USD breaks above 1.1500 as Trump mulls over Powell's removal
EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status.
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