Show more
Current news is English only but we will be adding multilingual news - check back soon.
This is the key line from China's retaliation you should focus on
This is the key line from China's retaliation you should focus on
China eventually retaliated hiking tariffs to 125% but it was followed with a key line that's more significant than the actual retaliation
market overview
ECB's Villeroy: Trump's economic and financial agenda is the wrong path
ECB's Villeroy: Trump's economic and financial agenda is the wrong path
European Central Bank (ECB) policymaker and  Bank of France head Francois Villeroy de Galhau said on Friday that US President Donald “Trump's economic and financial agenda is the wrong path.”
ECB
EURUSD
CentralBanks
InterestRate
Dollar extends drop as China doesn't blink first
Dollar extends drop as China doesn't blink first
The greenback falls to fresh lows as China hits back on the tariffs front
ECB's Villeroy: Trump's economic and financial agenda is wrong path
ECB's Villeroy: Trump's economic and financial agenda is wrong path
Remarks by ECB policymaker, Francois Villeroy de Galhau
 Palladium price today: Rare metals advance at the start of the European session
Palladium price today: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Friday, according to FXStreet data. Palladium (XPD) changes hands at $923.74 a troy ounce, with the XPD/USD pair advancing from its previous close at $918.60.
Platinum
Palladium
Breaking: China raises additional tariffs on US goods to 125% from 84%
Breaking: China raises additional tariffs on US goods to 125% from 84%
China's Finance Ministry announced on Friday that they will raise additional tariffs on US imports from 84% to 125%, per Reuters, from April 12.
Breaking
China
UnitedStates
TradeWar
Some warning signs for US Dollar shorts
Some warning signs for US Dollar shorts
The sentiment around the greenback is getting too bearish and that's generally a warning sign
market overview
China says it will ignore the US if tariffs keep escalating
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
Forex Today: US Dollar slumps to multi-year lows, Gold rallies to new record-high
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
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
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session.
Oil
WTI
Commodities
Bullish
Gold price climbs to fresh record-high above $3,230 as US-China trade war deepens
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
European indices hold up at the open today
European indices hold up at the open today
Stocks in Europe are caught between moods amid the swings in the past few sessions
Spain March final CPI +2.3% vs +2.3% y/y prelim
Spain March final CPI +2.3% vs +2.3% y/y prelim
Latest data released by INE - 11 April 2025
China’s President Xi: There is no winner in a tariff war
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
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
What are the main events for today?
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
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
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
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
Germany March final CPI +2.2% vs +2.2% y/y prelim
Latest data released by Destatis - 11 April 2025
UK February monthly GDP +0.5% vs +0.1% m/m expected
UK February monthly GDP +0.5% vs +0.1% m/m expected
Latest data released by ONS - 11 April 2025
USD/CAD Price Forecast: Outlook remains bearish below 1.4000
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
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
US futures pare losses but caution remains ahead of the weekend
There was heavy selling in markets last Friday as well
NZD/USD holds positive ground above 0.5750 amid US-China trade war worries
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 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
Dollar continues to fall out of favour amid the whole tariffs saga
The financial dislocations in the market have been quite jarring this week
All eyes stay on the bond market in final trading day of the week
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?
EUR/USD appreciates to near 1.1350 as the EU suspends tariffs on US imports
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 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 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
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
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
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
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
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