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US Dollar recovers further with DXY back above 103.00
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, recovers initial losses and trades near 103.00 at the time of writing on Monday after an earliest move lower.
Global investors reconsider their faith in the dollar's safe haven status - Commerzbank
The Federal Reserve finds itself in a tough spot as it navigates rising inflation and slowing growth.
Consequences for the USD exchange rates are reversed - Commerzbank
A reasonably normal tariff policy would cause the dollar to appreciate. Why? Because US consumers would prefer to consume US goods instead of imported goods, and US companies would prefer to install US machinery. After all, no tariffs would have to be paid on that.
Financial Stability Board nominates BoE Governor Bailey as next chair
The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization.
USD/CAD holds on to Friday's gains - BBH
USD/CAD is holding on to Friday's gains, BBH FX analysts report.
US Pres. Trump: Slow moving Fed should cut rates
"Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is no inflation, and the long time abused USA is bringing in billions of dollars a week from the abusing countries on tariffs that are already in place," US President Donald Trump poste
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
The AUD/USD pair bounces back to near 0.6040 in Monday's European session from the fresh five-year low of 0.5930 posted earlier in the day.
Oil: There's nobody around to catch a falling oil price - Danske Bank
The oil price sell-off has accelerated since Friday as the trade war deepened and the risk of a recession in the US rose, Danske Bank's FX analyst Frederik Romedahl reports.
Energy: Oil pricing in big demand hit - ING
Oil prices have had their worst week since October 2023, with risk assets getting hit by US President Donald Trump's reciprocal tariffs and the retaliation we have started to see towards them. China retaliated on Friday with a 34% tariff on all imports from the US.
NOK: Vulnerable to the liquidity shock - ING
After the Australian dollar, the Norwegian krone has been the worst-performing G10 currency over the last week, ING's FX analyst Chris Turner notes.
Gold extends correction as trade war selloff intensify
Gold price (XAU/USD) recovers and trades near $3,030 at the time of writing on Monday after falling 2% intraday in early trading as the trade war spirals out of control.
US/global recession risk drive the USD/CAD for now - Danske Bank
USD/CAD had an eventful start to April, dropping to the 1.40 level following broad USD weakness sparked by Trump's tariffs on Liberation Day, Danske Bank's FX analyst Frederik Romedahl reports.
USD: Too much baggage - ING
Weekend press reports and TV interviews suggest US President Donald Trump is not yet ready to be swayed from his mission to reset the global trading system.
EUR/USD to trade at 1.11 in a month - Danske Bank
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank's FX analyst Frederik Romedahl reports.
EUR/USD bounces back as Trump's tariffs expose US economy to recession
EUR/USD reclaims the psychological level of 1.1000 in Monday's European session after a weak opening to near 1.0880 earlier in the day.
Gold prices collapse with the rest of the metal complex - ING
Gold prices tumble from record highs from earlier last week, ING's commodity experts Ewa Manthey and Warren Patterson note.
Irisih Trade Minister Harris: EU has been very clear it is up for a deal
Ireland's Trade Minister Simon Harris said on Monday that "the European Union (EU) has been very clear it is up for a deal."
Metal markets collapse on global growth fears - ING
Metal markets collapsed on Friday as Trump's escalating trade war continues to fuel concerns about global growth and the demand outlook for raw materials, ING's commodity experts Ewa Manthey and Warren Patterson note.
EUR: Caught in the middle - ING
EUR/USD has retreated from its spike high to 1.1140 but remains in demand, ING's FX analyst Chris Turner notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
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