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European gas price with limited downside - Commerzbank
The European gas price (TTF) has fallen back to around EUR40 per MWh over the past week, Commerzbank's commodity analyst Thu Lan Nguyen notes.
Brent oil price back at $75 - Commerzbank
The initial market reaction to Trump's threat of secondary tariffs on Russian oil was muted.
Silver Price Forecast: XAG/USD faces pressure around $34, Trump tariffs remain key
Silver price (XAG/USD) trades cautiously around $34.00 in Tuesday's North American session.
Stagflation worries push Gold higher - Commerzbank
The price of Gold continues to rush from record high to record high.
GBP/USD: Manufacturing PMI above forecasts but still weak - Scotiabank
Pound Sterling (GBP) is entering the NA session largely unchanged from Monday's close, a mid-performer among its G10 peers, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR slightly softer but maintains range near 1.08 - Scotiabank
Euro (EUR) is underperforming with a modest 0.2% decline vs.
CAD little changed overnight - Scotiabank
The Canadian Dollar (CAD) is little changed. Spot nudged up to the 1.44 area in overnight trade but remains close to yesterday's closing levels as markets settle into a holding pattern ahead of US tariffs and the global response to them, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD trades mixed as markets await tariff news - Scotiabank
The US Dollar (USD) is trading mixed to slightly weaker against its major currency peers as markets chop around ahead of tomorrow's tariff announcement from the White House.
EUR/USD Price Forecast: Sellers hold the grip as Liberation Day looms
Financial markets remain wary on Tuesday, although panic seen at the start of the week receded. The EUR/USD pair trades a handful of pips below the 1.0800 mark early in the American session, with a slight downward bias as per still finding sellers on intraday spikes.
Reuters Poll: 19 of 51 FX strategists concerned about the USD's safe-haven status
19 of 51 FX strategists polled by Reuters noted that they are concerned about the US Dollar's (USD) status as a safe-haven.
China: Q1 growth likely remained solid at 5.2% y/y - Standard Chartered
March PMIs beat market expectations, although Q1 momentum softened from Q4-2024.
AUD/USD trades flat around 0.6250 after RBA's monetary policy decision
The AUD/USD pair turns sideways around 0.6250 in Tuesday's European session.
US Dollar stuck ahead of Trump's tariff 'Liberation Day'
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is consolidating further this week with highs and lows coming in closer to one another at the 104.00 round level this Tuesday.
USD/CNH seems firmer on the day - BBH
USD/CNH is firmer on heightened trade-related uncertainties, BBH's FX analysts report.
USD/CNH: Upward momentum has slowed - UOB Group
Brief decline did not lead to a clear increase in downward momentum; USD is likely to trade in a 7.2550/7.2750 range.
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.
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