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DXY: 2-way trades into event risk - OCBC
US Dollar (USD) held steady as markets await reciprocal tariff announcement on 2 Apr (4pm ET/4am SGT Thurs morning). There are reports to suggest that Trump's team is still in the midst of finalising tariffs, with options ranging from reciprocal to tiered to universal tariffs.
Gold price stabilizes ahead of Trump's tariffs announcement on "Liberation Day"
Gold price (XAU/USD) stabilizes just above $3,130 at the time of writing on Wednesday following a mean reversal move the prior day after a fresh all-time high got eked out at $3,149 before closing in negative territory.
GBP/USD: Expected to trade in a sideways range of 1.2885/1.2945 - UOB Group
Pound Sterling (GBP) is expected to trade in a sideways range of 1.2885/1.2945 vs US Dollar (USD). In the longer run, current price movements are likely part of a range trading phase, expected to be between 1.2850 and 1.3050, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Liberation Day - but at what price? - Commerzbank
The uncertainty that Trump's policy brings with it, through his many U-turns, his erratic statements and his cancellation of long-standing agreements and treaties.
AUD/USD climbs to fresh weekly top, retakes 0.6300 ahead of Trump's reciprocal tariffs
The AUD/USD pair attracts some follow-through buyers for the second consecutive day and recovers further from a nearly four-week low, around the 0.6220-0.6215 area touched on Monday.
EUR/USD: Current price movements are likely part of a range trading phase - UOB Group
Slight increase in downward momentum is likely to lead to a lower range of 1.0770/1.0820 instead of a sustained decline.
EUR: Room to price in more tariff risk - ING
EUR/USD has softened a bit into today's tariff event, but price action suggests strong buying interest below 1.080, in another sign that markets aren't ready to sink their teeth on a negative, tariff-led euro narrative, ING's FX analysts Francesco Pesole notes.
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Wednesday, according to FXStreet data.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session.
Pound Sterling consolidates against US Dollar ahead of Trump's tariffs announcement
The Pound Sterling (GBP) trades sideways around 1.2900 against the US Dollar (USD) in Wednesday's European session.
ADP Employment Change projected to show US job growth gaining in March
The US labor market is poised to steal the spotlight this week as concerns over a potential slowdown in economic momentum remain on the rise -- an unease fueled by recent signs of slower growth and troubling underlying data, aggravated by the ongoing uncertainty surrounding US tariffs.
Forex Today: It's all about Trump's tariff announcements on "Liberation Day"
Here is what you need to know on Wednesday, April 2:
USD/CHF drifts higher to near 0.8850 amid looming Trump tariff
The USD/CHF pair strengthens to around 0.8845 during the early European session on Wednesday.
EUR/INR today: Rare metals mixed at the start of the European session
Indian Rupee (INR) crosses trade mixed at the start of Wednesday, according to FXStreet data.
EUR/USD holds positive ground near 1.0800 as traders brace for Trump's tariff announcement
The EUR/USD pair trades in positive territory near 1.0790 during the early European trading hours on Wednesday.
India Gold price today: Gold stays hopeful ahead of Trump's tariff reveal
Having touched a new record high in India on Tuesday, Gold price has entered a phase of upside consolidation early Wednesday.
FX option expiries for Apr 2 NY cut
FX option expiries for Apr 2 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CAD Price Forecast: Holds above 1.4300, 100-day SMA pivotal support ahead of Trump's tariffs
The USD/CAD pair reverses an Asian session dip to sub-1.4300 levels or a fresh weekly low touched during the Asian session on Wednesday, and for now, seems to have stalled the overnight pullback from the 1.4415 area, or a nearly three-week high.
Silver Price Forecast: XAG/USD jumps above $33.50 amid looming Trump tariff
The Silver price (XAG/USD) attracts some buyers to around $33.85 during the early European session on Wednesday.
GBP/USD flat lines above 1.2900 mark as traders await Trump's tariffs announcement
The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday.
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