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Gold Price Forecast: XAU/USD climbs to near fresh record high above $4,350 amid broader uncertainty
Gold price (XAU/USD) holds positive ground around $4,370 after reaching a fresh record high near $4,380 during the early Asian session on Tuesday.

Canadian Dollar loses momentum as US flows drive Loonie market
The Canadian Dollar (CAD) fell back against the US Dollar (USD) on Monday, paring back recent gains and keeping the Loonie trapped on the bottom end of six-month lows against the Greenback. Market volatility is at a swing low point, limiting hard meaningful moves.

USD/JPY Price Forecast: Subdued at around 150.00
The USD/JPY holds firm on Monday, hovering around 150.60 amid a risk-on environment amid the Fed blackout period and the lack of US data, due to the government shutdown. The lack of market moving comments by US President Donald Trump, could keep the pair trading at familiar levels.

GBP/USD eases back as CPI inflation data looms
GBP/USD caught a second softly bearish session on Monday, colling back into touch range of the 1.3400 handle.

EUR/USD flat as traders wait for US CPI amid ongoing US shutdown
EUR/USD is virtually unchanged during Monday's North American session, slightly down 0.05% at around 1.1643 after hitting a daily high of 1.1675 amid a scarce economic docket in the US.

FX Today: Focus shifts to Canadian inflation, trade jitters and US shutdown
In an inconclusive start to the week, the US Dollar (USD) alternated gains with losses as investors continued to gauge developments around the US government shutdown, prospects for further rate cuts by the Federal Reserve and renewed US credit risks.

Gold soars 2% as Fed cut bets deepen, US Dollar softens
Gold price rallies over 2% on Monday and trims last Friday's losses on speculation that the Federal Reserve (Fed) will continue its easing cycle next week. A softer Greenback and falling US Treasury yields keep XAU/USD trading at $4,345 after hitting a daily low of $4,219.

Dow Jones Industrial Average rises on key tech rally stocks, government shutdown hopes
The Dow Jones Industrial Average (DJIA) caught a bullish tailwind on Monday, rising over 450 points to kick off the new trading week.

Silver rises on safe-haven demand amid US shutdown, geopolitical risks
Silver (XAG/USD) advances on Monday, trading around $52.20 per troy ounce at the time of writing, up 0.70% on the day. The grey metal recovers strongly after Friday's correction, supported by renewed demand for safe-haven assets as geopolitical and fiscal concerns weigh on market sentiment.

Trump reiterates new China tariff threat
Never one to let a bull run go uninterrupted, US President Donald Trump revisited his latest threats of additional trade tariffs on Chinese goods if the two sides aren't able to make a trade deal.

AUD/USD climbs amid US-China trade optimism, Fed rate cut expectations
AUD/USD appreciates by 0.35% on Monday, trading around 0.6520 at the time of writing. The pair benefits from a mild return in risk appetite, fueled by the prospect of easing trade tensions between Washington and Beijing.

EUR/USD holds near 1.1650 as trade hopes support US Dollar
The Euro (EUR) trades under modest pressure against the US Dollar (USD) on Monday, as the Greenback holds steady amid hopes of easing trade tensions between Washington and Beijing.

GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI
The GBP/USD remains steady during the North American session after three straight days of gains, as the Greenback recovers on Trump's softening his rhetoric on China. At the time of writing, the pair trades at 1.3425 after hitting a daily high of 1.3442.

USD/CHF falls as Swiss growth outlook dims, US Dollar struggles
USD/CHF falls around 0.7910 on Monday, down 0.30% on the day at the time of writing. The advance in the Swiss Franc (CHF) continues to weigh on USD/CHF despite growing concerns about the slowdown in Switzerland's economy which limits the currency's upside.

U.S. government shutdown drags on - Rabobank
The federal government has been partially shut down for about three weeks now. Non-essential civil servants have been furloughed, while many essential government employees are still working but are going to miss their paycheck and possibly even their back wages, Rabobank's economists report.

Bank of Canada survey shows sentiment improving, but expectations remain soft
The Bank of Canada's (BoC) latest sentiment survey of Canadian businesses revealed that while firms are experiencing a general uptick in forward-looking sentiment, a lot of them are still feeling a growth crunch at the hands of tariffs from the US that are discouraging active trade.

Canadian Dollar struggles amid softer domestic outlook and firmer US Dollar
The Canadian Dollar (CAD) remains on the defensive against the US Dollar (USD) on Monday, weighed down by weaker domestic sentiment and falling Oil prices. At the time of writing, USD/CAD is trading around 1.4035 as the Greenback holds firm amid cautious optimism over US-China trade talks.

USD/CNH holds firm despite trade truce and Yuan resilience - Rabobank
On April 8 2025 the USD/CNH exchange rate reached an all-time high touching a level of 7.4273. This was obviously a market reaction on the tit for that trade war escalation between the US and China, Rabobank's macro analyst Teeuwe Mevissen reports.

Gold's manic ascent reeks of FOMO - TDS
Gold's recent surge has unfolded without fresh fundamental drivers: real rates have risen, the dollar hasn't broken new lows, and central bank demand--particularly from BRICS+ and China--has waned.

Silver markets face downside risks amid self-resolving dislocations - TDS
The recent silversqueeze has shifted from a demand-driven surge to a liquidity-driven crisis, which appears to have peaked over the past week as metal flows are now incentivized back to London.
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