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U.S. Pres. Trump expected to announce reciprocal tariffs –LIVE
U.S. President Donald Trump is set to unveil the details of his reciprocal tariffs on what he dubs "Liberation Day." Markets are on high alert, bracing for increased volatility amid growing concerns that these tariffs could negatively impact both economic growth and inflation prospects.
EUR/USD looks to retest 1.0900
EUR/USD surged to multi-day highs in response to further selling pressure on the Greenback and news that the EU could be planning measures to alleviate Trump’s tariffs.
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Editors’ Picks
Gold looks consolidative near $3,120 ahead of Trump's “Liberation Day”
Gold is regaining momentum, climbing above $3,120 after a slight pullback from Tuesday’s near-record high of $3,150. Retreating US yields are bolstering XAU/USD, ahead of President Trump's official announcement of the reciprocal tariff measures later this Wednesday.
Trump’s “Liberation Day” tariffs on the way
United States (US) President Donald Trump’s self-styled “Liberation Day” has finally arrived. After four straight failures to kick off Donald Trump’s “day one” tariffs that were supposed to be implemented when President Trump assumed office 72 days ago, Trump’s team is slated to finally unveil a sweeping, lopsided package of “reciprocal” tariffs.
Bitcoin to extend its consolidation between the $75,000 to $88,000 range
Bitcoin price faces a slight rejection around the $85,000 resistance level on Wednesday after recovering 3.16% the previous day. A K33 report highlights that Cryptocurrencies and Equities have largely de-risked going into Donald Trump’s “Liberation Day” on Wednesday.