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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.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session.
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.
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Tuesday, according to FXStreet data.
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.
Oil: Secondary tariff threat - ING
Oil prices rose yesterday amid growing threats to oil supplies, ING's commodity experts Ewa Manthey and Warren Patterson note.
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).
EUR: CPI can keep markets dovish on ECB - ING
EUR/USD traded briefly below 1.080 yesterday before revering later in the session.
JOLTS job openings expected to dip slightly in February as markets eye March employment data
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS).
Pound Sterling flattens against US Dollar as investors await new suite of Trump's tariffs
The Pound Sterling (GBP) ranges around 1.2900 against the US Dollar (USD) in Tuesday's European session.
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Tuesday, according to FXStreet data.
EC President von der Leyen: EU has strong plan to retaliate against US tariffs if necessary
European Commission President Ursula von der Leyen said on Tuesday, "we do not necessarily want to retaliate. But if it is necessary, we have a strong plan to do so and we will use it."
USD/CHF retreats below 0.8850 as Trump's tariffs loom
The USD/CHF pair softens to near 0.8840 during the early European session on Tuesday.
Forex Today: Markets remain on edge, await US tariff announcements
Here is what you need to know on Tuesday, April 1:
EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB's Lagarde speech
The EUR/USD pair gains momentum to around 1.0815 during the early European session on Tuesday.
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