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Forex Today: The RBA, US hard data and EMU flash CPI come to the fore
The Greenback regained traction and set aside two daily pullbacks in a row, finding support in the persistent risk-off sentiment as well as the omnipresent tariffs concerns ahead of "liberation day".
US Dollar flat as traders eye PMI and tariff fallout
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades flat on Monday and sees limited directional flow, hovering near 104.30.
Dow Jones Industrial Average climbs despite rising tariff stress
The Dow Jones Industrial Average (DJIA) rebounded 300 points on Monday, clawing back ground that was lost in last Friday's stock rout.
Mexican Peso falters as tariff fears and recession concerns weigh
The Mexican Peso (MXN) begins the week on the back foot against the US Dollar (USD), mainly due to a deteriorating risk appetite as investors brace for the release of US tariffs on April 2, the US Liberation Day.
EUR/USD Price Analysis: Pair eases toward mid-range despite holding bullish structure
The EUR/USD pair slightly declined on Monday's session after the European close, holding near the 1.08 zone and staying confined within its daily range.
Silver markets are still in a structural deficit - TDS
The rise in the XAU/XAG ratio reflects idiosyncratic strength in Gold, as opposed to weakness in Silver, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold: Downside risks are subsiding - TDS
Gold is melting higher, but downside risks are subsiding, TDS' Senior Commodity Strategist Daniel Ghali notes.
CNY: The state helps state banks - Commerzbank
It was announced over the weekend that the Chinese government plans to inject fresh capital into its major state-owned banks.
GBP/USD dips as trade war tensions mount ahead of US tariff Liberation Day
The Pound Sterling loses ground versus the US Dollar as US April 2 Liberation Day gets closer, in which President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2.
NZD/USD plunges to near 0.5660 as US Trump tariffs loom large
The NZD/USD pair is down almost 1% to near 0.5660 during North American trading hours on Monday.
AUD/USD Price Forecast: Tumbles ahead of RBA's interest rate decision
The AUD/USD pair plummets to near 0.6235 in Monday's North American session, the lowest level seen in more than three weeks.
JPY: Waiting for new tariffs to unfold - Rabobank
Japan appears to be emerging from a 30-year battle with deflation driven by an economy expanding at a pace above its potential growth rate.
GBP steady on the day - Scotiabank
The Pound Sterling (GBP) is steady, trading under 1.30 and also showing notable relative resilience in an environment of trade-related risk aversion, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR trading in tight range - Scotiabank
Euro (EUR) is trading in a tight range near 1.08 and showing some notable resilience in an environment of broad-based risk aversion driven by trade-related concerns, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD dips under 1.43 remain well supported on the charts - Scotiabank
The Canadian Dollar (CAD) is softer on the session, edging back through the low 1.43 area to the mid-1.43s.
USD mixed, havens bid ahead of tariffs - Scotiabank
The US Dollar (USD) is mixed and market sentiment is broadly weaker as investors seek havens ahead of Wednesday's US tariff announcement.
Germany annual CPI inflation declines to 2.2% in March
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), edged lower to 2.2% on a yearly basis in March from 2.3% in February, Destatis' flash estimate showed on Monday.
US Dollar flat despite market turmoil ahead of Trump's reciprocal tariffs
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, lacks direction and trades almost flat on Monday.
USD/JPY is trading around 149.00 for now - BBH
USD/JPY was down at a multi-day low under 149.00 on heighted risk aversion and narrower US-Japan bond yield spreads, but it somewhat recovered above that hurdle, BBH's FX analysts report.
EU gas prices continue to decline - ING
In gas, natural gas prices in Europe extended declines for a second straight session in the early trading session today, after falling around 4.7% week-on-week as of last Friday, ING's commodity analysts Warren Patterson and Ewa Manthey note.
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