
PBOC sets USD/CNY reference rate at 7.1782 vs. 7.1752 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1782 as compared to Friday's fix of 7.1752 and 7.2593 Reuters estimate.
USDCNY
PBOC
CentralBanks
Currencies

EUR/USD looks to build on recovery from multi-week low; holds steady below mid-1.0800s
The EUR/USD pair attracts some dip-buyers following an Asian session dip to the 1.0800 neighborhood and looks to build on its bounce from a multi-week low touched last Thursday.
EURUSD
Recession
Fed
TradeWar
Currencies

Australia Private Sector Credit February 2025 +0.5% m/m (expected +0.5%, prior +0.5%)
Data from the Reserve Bank of Australia
RBA
AUD

Gold Price Forecast: XAU/USD rises to near record high below $3,100 amid global uncertainty
The Gold price (XAU/USD) gains momentum to around $3,090 during the early Asian session on Monday.
Gold
Commodities
XAUUSD
Macroeconomics

Australian March private inflation survey +0.7% m/m (prior -0.2%) & 2.8% y/y (2.2% prior)
Melbourne Institue inflation gauge
AUD

US President Donald Trump weighs broader, higher tariffs - WSJ
US President Donald Trump's administration is hurrying to determine the specifics of its new tariff agenda ahead of its self-imposed deadline of Wednesday, considering possibilities after promising to remake the American economy with a slew of new levies, the WSJ citing unnamed sources.
UnitedStates
TradeWar
Macroeconomics

US President Donald Trump threatens tariffs on Russian oil if Moscow blocks Ukraine deal
US President Donald Trump said on Sunday that he was "pissed off" at Russian President Vladimir Putin and would impose secondary tariffs of 25% to 50% on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.
UnitedStates
RussianFederation
Ukraine
Macroeconomics

Trump weighs broader, higher tariffs. Across-the-board hike of up to 20% considered.
Wall Street Journal report on Sudnay
Bonds
SPX
Nasdaq
USD

UK business confidence held steady in March, matching February's six-month high
Lloyds Bank Business Barometer stayed at 49% in March
GBP

AUD/USD edges lower below 0.6300 on global trade concerns
The AUD/USD pair trades in negative territory near 0.6280 during the early Asian session on Monday.
AUDUSD
Majors
Macroeconomics

China to inject $69 billion into four big banks to strengthen financial sector
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to strengthen the financial sector, per Bloomberg.
China
Macroeconomics

Trump is planning to travel to Saudi Arabia in mid-May
First foreign trip will be to Saudi Arabia
Politics

Goldman Sachs says 35% chance of recession (from 20%) in 12 months
Goldman Sachs forecast year end PCE inflation at 3.5%
Bonds
SPX
Fed

US news - Republican Party headquarters in Albuquerque firebombed with Molotov Cocktail
Building attacked and vandalized
Politics

China injects $69 billion into state banks to bolster economy
Sunday news from China
China Stock Market
China

Trump said he is annoyed with Putin, threatens 'secondary tariffs' on Russian oil
Trump spoke with US media on Sunday
Oil

Economic calendar in Asia Monday, March 31, 2025 - China official PMIs for March 2025
Asian Economic Calendar: Key Events and Consensus Expectations for 31 March 2025
economic calendar

Trade ideas thread - Monday, 31 March, insightful charts, technical analysis, ideas
Join the discussion and stay ahead in the forex market.
USD

Monday morning open levels - indicative forex prices - 31 March 2025
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.
USD

The Fed put and the Trump put may both be gone
That's a total reversal from the start of the year
Fed

Nomura: Beijing’s cautious tariff response is pragmatic amid limited import alternatives
Nomura says aggressive retaliation risks harming China’s own economy given its reliance on certain US goods
China

AUD/JPY Price Analysis: Drops toward 94.20 area as bearish pressure mounts
The AUD/JPY pair extended its decline on Friday, hovering near the 94.30 zone after the European session and slipping closer to the lower end of its intraday range.
AUDJPY
Crosses
Currencies
Technical Analysis


Forexlive Americas FX news wrap: US dollar slides despite risk rout. Another gold record
Forex news for North American trading on Mar 28, 2025
Session wrap
Wrap Nth America

Australian Dollar stuck near 0.6300 as PCE data fails to shift sentiment
The Australian Dollar (AUD) remains directionless during Friday’s American session, with AUD/USD hovering around the 0.6300 zone.
AUDUSD
SEO
Currencies
Majors

Canadian Dollar roils as Trump reiterates tariff threats
The Canadian Dollar was dragged in both directions on Friday, rising and then falling as market flows clash with fresh threats of tariffs on Canada from US President Donald Trump.
USDCAD
TradeWar
Inflation
SEO

Silver Price Forecast: XAG/USD pulls back from 5-month peak, bears eye $34
Silver price hits a five-month high but retreats toward the $34 figure late on Friday, as traders brace for the weekend, eyeing a busy economic schedule in the United States (US).
Silver
XAGUSD
Metals
Technical Analysis


US equity close: Not a pretty picture as tariff fears weigh
Closing changes for the main US stock indexes
Stocks

Gold smashes record high as bulls eye $3,100 amid trade war turmoil
Gold price rallied sharply on Friday, hitting a new record high of $3,086 amid uncertainty over US trade policy, alongside an uptick in the Federal Reserve's (Fed) preferred inflation gauge.
Gold
XAUUSD
TradeWar
RiskAversion
SEO

Three reasons why trade tensions between Canada and the US should drop
They should, but will they?
Politics
CAD

US Dollar near familiar range after PCE data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is currently flat near 104.30 on Friday following the release of the Federal Reserve’s (Fed) preferred inflation metric — the Personal Consumption Expenditures (PCE) Price Index.
DollarIndex
SEO
Currencies


Mexican Peso dives as Banxico hints at further easing amid tariff woes
The Mexican Peso (MXN) prolongs its agony in the week, depreciating against the US Dollar (USD) after Banco de Mexico (Banxico) reduced interest rates but also paved the way for additional easing.
Mexico
USDMXN
Banxico
TradeWar
SEO