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Japan's PM Ishiba: US tariffs have the potential to disrupt the world economic order
Japanese Prime Minister (PM) Shigeru Ishiba warned on Monday that "US tariffs have the potential to disrupt the world economic order."
EUR/USD remains subdued around 1.1350 after two days of gains
The EUR/USD pair edges lower during Asian trading hours on Monday, hovering around 1.1360 after posting gains in the previous two sessions.
GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD
The GBP/USD pair edges higher at the start of a new week and trades just below the 1.3100 mark during the Asian session, well within striking distance of Friday's swing high.
Gold Price Forecast: XAU/USD retreats further from all-time highs of $3,245
Gold price is back in the red early Monday, snapping a three-day record rally to lifetime highs of $3,245 set on Friday.
AUD/USD kicks off the week on the front foot near 0.6300
AUD/USD is holding the three-day recovery momentum from five-year lows on Monday at the start of the week, posting small gains near 0.6300.
Germany's Merz: US President Trump's policies are increasing the risk of next financial crisis
In a Handelsblatt interview on Saturday, German Chancellor-in-waiting Friedrich Merz said, US "President Trump's policies are increasing the risk that the next financial crisis will hit sooner than expected."
Fed's Kashkari: Recession prospects depend on speed of trade deals
Neel Kashkari, Minneapolis Federal Reserve (Fed) President, said in a CBS ' Face the Nation show on Sunday that recession prospects from President Trump's trade war will be determined by whether there are "quick resolutions" to trade uncertainties with major trading partners.
US President Trump clarifies 20% tariffs on Chinese imports of semiconductors, electronics
Late Sunday, US President Donald Trump took to his own social media application, Truth Social, and clarified that there will be no tariff exemption on semiconductors and the electronics supply chain, as these products will be subject to the existing 20% tariffs on fentanyl and not the 145% hike.
Banxico minutes signal more easing ahead as economy slows
On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting minutes, in which all board members stated that the Mexican economy is slowing down amid an evolving disinflation process, which paves the way for further easing.
Mexican Peso ends week strong as USD plunges on China tariff retaliation
The Mexican Peso ends the week on a higher note as the Greenback weakens across the board. The China-US trade war escalated, with China retaliating against US President Trump's latest tariffs announcement. The USD/MXN trades at 20.27, down 0.72%.
NZD/USD Price Analysis: Kiwi extends gains near 0.5800 zone but eyes 200-day SMA hurdle
The NZD/USD pair extended its advance on Friday's session with the pair seen trading near the 0.5800 zone after a 1.39% daily rise. This move positioned price mid-range between the day's low of 0.56282 and high of 0.57656, reinforcing a bullish short-term momentum shift.
Australian Dollar extends recovery as USD slides toward multi-year lows
The Australian Dollar (AUD) is strengthening on Friday, with the pair moving near the 0.6280 zone during the American session.
AUD/JPY Price Analysis: Gains capped near key resistance as bearish backdrop persists
The AUD/JPY pair posted a mild advance on Friday's session, moving toward the 90.30 zone after notching a gain of over 0.30%.
Canadian Dollar gains further ground as market flows continue to reverse
The Canadian Dollar (CAD) rose on Friday, jumping two-thirds of a percent against the US Dollar as global market flows continue to reverse out of the safe haven Greenback.
Gold soars to record high as trade war erupts, USD crashes to 35-month low
Gold's price rally extended for the third straight day on Friday with the yellow metal hitting a new all-time high of $3,245. Gains of over 2% were posted amid the escalation of the trade war between the US and China and its impact on the global economy.
Dow Jones Industrial Average gains ground as investors try to shrug off new tariffs from China
The Dow Jones Industrial Average (DJIA) caught a late bid on Friday, rising back into the 40,000 major price handle after an early dip on rising tariffs between the US and China.
US Dollar sinks as confidence plunges and inflation outlook clouds
The US Dollar Index (DXY) continued to slide in Friday's session, falling near the 100 area after setting a new three-year low earlier in the day.
Fed's Collins: Fed is prepared to use tools as needed, but rate cuts may not be appropriate
Federal Reserve (Fed) Bank of Boston President Susan Collins noted that the Fed has multiple monetary policy tools available and at its disposal should market conditions require them, but the Fed policymaker used the opportunity to push against the idea of the Fed using rate cuts first.
White House: Tariff rate on China remains at 145%
White House press secretary Karoline Leavitt reported that US President Donald Trump was optimistic about securing a trade deal with China, despite the escalating trade war between the two economic giants that had been battering markets.
EUR/USD Price Analysis: Bulls push toward fresh highs as pair trades above the 1.1300 zone
The EUR/USD pair extended its rally on Friday, rising sharply and moving near the 1.1300 zone after the European session. With the pair positioned mid-range between 1.11873 and 1.14736, bulls remain in control, pushing toward new highs for the year amid renewed risk appetite.
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