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China’s President Xi: There is no winner in a tariff war
China’s President Xi: There is no winner in a tariff war
By Fxstreet
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
By Forex Live
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?
By Forex Live
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
US futures now up over 1% in early European trading
US futures now up over 1% in early European trading
By Forex Live
US futures now up over 1% in early European trading
A hopeful bounce for the time being
Stocks
India Gold price today: Gold keeps rallying on increased haven demand
India Gold price today: Gold keeps rallying on increased haven demand
By Fxstreet
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
By Fxstreet
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
By Fxstreet
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
By Forex Live
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
By Forex Live
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
By Fxstreet
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
By Fxstreet
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
By Forex Live
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
NZD/USD holds positive ground above 0.5750 amid US-China trade war worries
By Fxstreet
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
FX option expiries for 11 April 10am New York cut
FX option expiries for 11 April 10am New York cut
By Forex Live
FX option expiries for 11 April 10am New York cut
A look at what is on the board for today
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
By Fxstreet
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
By Forex Live
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
By Forex Live
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
By Fxstreet
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
By Fxstreet
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
By Fxstreet
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
By Forex Live
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
By Fxstreet
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
By Forex Live
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
By Fxstreet
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
By Fxstreet
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
PBOC, BoJ and BoK met to discuss the impact of Trump tariffs on the global economy
By Forex Live
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
USD/JPY recovers losses to near 143.50 amid tariff worries
By Fxstreet
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)
US dollar, bonds, equities have all been smashed in Asia morning trade - recap (so far)
By Forex Live
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
Australian Dollar struggles to rebound as US-China trade dispute intensifies
By Fxstreet
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
USD/CAD extends downside below 1.3950 on weaker US Dollar
USD/CAD extends downside below 1.3950 on weaker US Dollar
By Fxstreet
USD/CAD extends downside below 1.3950 on weaker US Dollar
The USD/CAD pair extends the decline to around 1.3920 during the early Asian session on Friday. The US Dollar (USD) weakens against the Loonie amid persistent concerns over the global and US economies.
USDCAD
Majors
Macroeconomics
Record high price for gold US$3206+
Record high price for gold US$3206+
By Forex Live
Record high price for gold US$3206+
The US dollar is being trashed
USD/JPY yen on the 142 big figure
USD/JPY yen on the 142 big figure
By Forex Live
USD/JPY yen on the 142 big figure
No love for the US dollar
JPY
USD
Yen continues to soar, USD/JPY under 143.50
Yen continues to soar, USD/JPY under 143.50
By Forex Live
Yen continues to soar, USD/JPY under 143.50
The US dollar is getting slammed more widely alongside
JPY
USD
Japan’s Kato: Excess FX volatility negatively impacts the economy
Japan’s Kato: Excess FX volatility negatively impacts the economy
By Fxstreet
Japan’s Kato: Excess FX volatility negatively impacts the economy
Japan’s Finance Minister Shunichi Kato said early Friday that foreign exchange rates should be set by markets, adding that excess FX volatility negatively impacts the Japanese economy.
Japan
Macroeconomics
Exchanges
EC President von der Leyen: EU could tax Big Tech if Trump trade talks fail
EC President von der Leyen: EU could tax Big Tech if Trump trade talks fail
By Fxstreet
EC President von der Leyen: EU could tax Big Tech if Trump trade talks fail
European Commission President Ursula von der Leyen said early Friday that the European Union (EU) is ready to use its most powerful trade measures and may impose levies on US digital companies if negotiations with US President Donald Trump fail to end his tariff war against Europe, per Financial Tim
TradeWar
Europe
UnitedStates
Macroeconomics
Revisiting the January call for a lower US dollar
Revisiting the January call for a lower US dollar
By Forex Live
Revisiting the January call for a lower US dollar
Rumours of the death of the USD ... not exaggerated
EUR/USD surges higher as tariff walk-back eases tensions further
EUR/USD surges higher as tariff walk-back eases tensions further
By Fxstreet
EUR/USD surges higher as tariff walk-back eases tensions further
EUR/USD roared into its highest bids in nearly two years on Thursday, breaching and closing above the 1.1200 handle for the first time in 21 months.
EURUSD
TradeWar
Inflation
Japan fin min Kato says excess FX volatility negatively impacts the economy
Japan fin min Kato says excess FX volatility negatively impacts the economy
By Forex Live
Japan fin min Kato says excess FX volatility negatively impacts the economy
Kato speaking as USD/JPY continues to plunge
US President Donald Trump warns tariffs, sanctions on Mexico over water treaty - Reuters
US President Donald Trump warns tariffs, sanctions on Mexico over water treaty - Reuters
By Fxstreet
US President Donald Trump warns tariffs, sanctions on Mexico over water treaty - Reuters
Reuters reported early Friday that US President Donald Trump is likely to retaliate on trade if Mexico doesn't deliver water to the United States. 
Mexico
TradeWar
UnitedStates
Macroeconomics