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China says it will ignore the US if tariffs keep escalating
Beijing shows that it is not going to be the one to blink first
CNY

Trustpilot, Fake Reviews, and the Complicated Truth About Transparency
The Trustpilot fake review drama isn’t new. And it’s definitely not a one-off. If you’ve worked in marketing or growth, especially in B2C, you know exactly what I’m talking about.
Trustpilot

China announces increase of additional tariffs on US goods to 125%
The tit-for-tat battle continues
CNY

Forex Today: US Dollar slumps to multi-year lows, Gold rallies to new record-high
Here is what you need to know on Friday, April 11:
Currencies
Majors
EconomicIndicator
Commodities
Macroeconomics

EUR/USD rallies hard on relentless US Dollar selling
The EUR/USD pair keeps pushing higher, hitting the highest level in three years above 1.1450 in European trading on Friday. The latest uptick in the pair is mainly linked to a fresh leg lower in the US Dollar (USD) after China retaliated with a tariff hike to 125% from 84% on US goods.
EURUSD
SEO
Majors
Macroeconomics

Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session.

Gold price climbs to fresh record-high above $3,230 as US-China trade war deepens
Gold price (XAU/USD) gathered bullish momentum and reached a new record-peak at $3,237 in European trading on Friday, boosted by the intensifying US-China trade war, before retreating to the $3,220 region.
XAUUSD
Metals
SEO
Gold
Commodities

Gold Technical Analysis – The stock market bounce set gold free
As the pressure from the stock market selloff waned, gold got finally the green light to push into new all-time highs. What’s next?
Gold

European indices hold up at the open today
Stocks in Europe are caught between moods amid the swings in the past few sessions
Stocks


China’s President Xi: There is no winner in a tariff war
Following his meeting with Spanish Prime Minister Pedro Sanchez on Friday, Chinese President Xi Jinping said that “there is no winner in a tariff war.”
China
TradeWar
Eurozone

China president Xi: There is no winner in a tariffs war
Remarks by China president, Xi Jinping, after meeting with Spanish prime minister, Pedro Sánchez
CNY

What are the main events for today?
We have the US PPI and the UMich survey on the agenda but the focus remains on tariffs and China
market overview


India Gold price today: Gold keeps rallying on increased haven demand
The buying interest around Gold price in India remains unabated on Friday as Comex Gold (XAU/USD) price hangs close to record highs of $3,220.
Gold
India
Commodities
TradeWar

US Dollar Index Price Forecast: Hovers near descending channel’s lower boundary at 100.50
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, continues its decline for the second consecutive session, hovering around 100.40 during Friday’s Asian trading hours.
Technical Analysis
Majors
DollarIndex

UK GDP rebounds 0.5% MoM in February vs. 0.1% expected
The UK economy expanded in February, with the Gross Domestic Product (GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period.
GDP
UnitedKingdom
EconomicIndicator
IndustrialProduction
GBPUSD

Germany March final CPI +2.2% vs +2.2% y/y prelim
Latest data released by Destatis - 11 April 2025
EUR


USD/CAD Price Forecast: Outlook remains bearish below 1.4000
The USD/CAD pair remains weak near 1.3965 during the early European session on Friday. The Greenback edges lower against the Canadian Dollar (CAD) amid persistent concerns over the global and US economies.
USDCAD
Technical Analysis
Majors

FX option expiries for Apr 11 NY cut
FX option expiries for Apr 11 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options

US futures pare losses but caution remains ahead of the weekend
There was heavy selling in markets last Friday as well
Stocks

NZD/USD holds positive ground above 0.5750 amid US-China trade war worries
The NZD/USD pair holds positive ground near 0.5770 after reaching the daily high of 0.5800 during the Asian trading hours on Friday. The uptick of the pair is bolstered by broad US Dollar (USD) weakness amid persistent economic concerns due to escalating tariff tensions.
NZDUSD
Majors
Macroeconomics


Silver Price Forecast: XAG/USD maintains position near $31.50 due to rising trade tensions
Silver (XAG/USD) continues its winning streak for the third straight session, trading around $31.30 during Friday’s Asian session. The precious metal is gaining traction as the US Dollar weakens, with the US Dollar Index (DXY) dipping to around 100.20 at the time of writing.
Silver
XAGUSD
Macroeconomics
Commodities
Metals

Dollar continues to fall out of favour amid the whole tariffs saga
The financial dislocations in the market have been quite jarring this week
USD

All eyes stay on the bond market in final trading day of the week
Who's going to blink first between Trump, China, or the Fed?
Bonds

EUR/USD appreciates to near 1.1350 as the EU suspends tariffs on US imports
EUR/USD extends its gains for the second successive day, trading near 1.1350 during Friday’s Asian session. The Euro (EUR) strengthened after the European Union (EU) announced a 90-day pause on new 25% tariffs on the United States (US), aiming to create space for trade negotiations.
ECB
EURUSD
Eurozone
Majors
Macroeconomics

US Commerce Secretary Lutnick: Committed to exploding the economy
US Commerce Secretary Howard Lutnick took to the social media platform X to say that “the Golden Age is coming. We are committed to protecting our interest, engaging in global negotiations and exploding our economy.”
TradeWar
UnitedStates
DollarIndex

GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data
GBP/USD is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday’s Asian session. The pair continues to strengthen as the US Dollar loses ground amid lingering concerns over both the global and US economies.
GBPUSD
Macroeconomics
Majors
UnitedKingdom

US Commerce Secretary Lutnick says committed to exploding the US economy
Lutnick promises a golden age, probably a hint to keep selling the USD and buying gold
Bonds
SPX
USD

USD/INR drifts lower amid escalating trade war tensions
The Indian Rupee (INR) strengthens on Friday. US President Donald Trump's move to temporarily lower tariffs on many countries provides some support to the local currency.
EmergingMarkets
SEO
USDINR
India
Macroeconomics

ForexLive Asia-Pacific FX news wrap: US assets smashed on tariff, financial stability fear
Forex news for Asian trading on Friday, April 11, 2025
Session wrap
Wrap Asia

WTI falls below $59.50 due to escalating US-China tensions, OPEC+ supply boost
West Texas Intermediate (WTI) crude oil price fell for a second straight session, trading around $59.30 per barrel during Asian hours on Friday. The decline comes amid rising US-China trade tensions, which are clouding the demand outlook.
Oil
WTI
Commodities
TradeWar
Macroeconomics

PBOC: Discussed impact of US tariffs in the ASEAN meeting
The People’s Bank of China (PBOC) released a statement on Friday, citing that China's deputy central bank governor attended the ASEAN and China, Japan and South Korea finance and central bank deputies meeting on April 8 and 9.
TradeWar
CentralBanks
PBOC
DollarIndex

PBOC, BoJ and BoK met to discuss the impact of Trump tariffs on the global economy
People's Bank of China, Bank of Japan, Bank of Korea
BOJ
pboc
KRW

USD/JPY recovers losses to near 143.50 amid tariff worries
The USD/JPY pair holds losses near 143.55 during the Asian trading hours on Friday, pressured by the weaker US Dollar (USD).
Majors
USDJPY
Macroeconomics

US dollar, bonds, equities have all been smashed in Asia morning trade - recap (so far)
Not about tariffs this time - financial stability concerns accelerating
Bonds
SPX
USD

Australian Dollar struggles to rebound as US-China trade dispute intensifies
The Australian Dollar (AUD) struggles to find demand on Friday. The AUD/USD fails to capitalize on the broad-based selling pressure surrounding the US Dollar (USD) and fluctuates above 0.6220. T
Australia
TradeWar
SEO
AUDUSD
Macroeconomics

US troops will be allowed to operate from several Panama-control sites along Panama Canal
AFP has the info
Politics