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Gold sits at record highs above $3,100 amid tariff woes
Gold price holds its record-setting rally toward $3,150 in European trading on Monday. The bullion continues to capitalize on safe-haven flows amid intesifying global tariff war fears. US economic concerns weigh on the US Dollar and Treasury yields, aiding the Gold price upsurge.
EUR/USD holds steady below 1.0850 ahead of German inflation data
EUR/USD is holding steady below 1.0850 in early Europe on Monday. The pair draws some support from a broadly weaker US Dollar but buyers stay cautious ahead of Germany's prelim inflation data and Trump's reciprocal tariff announcement.
UPCOMING CALENDAR EVENTS
Editors’ Picks
GBP/USD posts small gains near 1.2950 amid tariff woes
GBP/USD keeps the green near 1.2950 in the European morning on Monday. Concerns that US President Donald Trump's tariffs will ignite inflation and dampen economic growth weigh on the US Dollar and act as a tailwind for the pair.
Seven Fundamentals for the Week: “Liberation Day” tariffs and Nonfarm Payrolls to rock markets Premium
United States President Donald Trump is set to announce tariffs in the middle of the week; but reports, rumors, and counter-measures will likely dominate the headline. It is also a busy week on the economic data front, with a full buildup to the Nonfarm Payrolls (NFP) data for March.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP decline as President Trump’s team considers “broader and higher tariffs”
Bitcoin continues its decline, trading below $82,000 on Monday after falling 4.29% the previous week. Ethereum and Ripple followed BTC’s footsteps and declined by 9.88% and 12.40%, respectively.