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EUR/USD advances to multi-day highs around 1.0860
EUR/USD is surging ahead, rapidly recovering and approaching multi-day highs around 1.0860. This boost comes on the heels of news that the EU might roll out countermeasures to soften the blow of Trump’s impending reciprocal tariffs.
GBP/USD flirts with tops near 1.2970 ahead of Trump's tariffs
GBP/USD is accelerating, challenging weekly highs near 1.2970 as a renewed, sharp drop in the Greenback sets the stage for the US 'reciprocal tariffs' announcement on "Liberation Day" at 20:00 GMT.
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 Tariffs: Everything you need to know on “Liberation Day” Premium
The global trading system is about to be upended, but to what extent? Will markets have clarity or is it merely another phase in ongoing trade wars? Some answers are due on Wednesday at 20:00 GMT. Here is preview of the five critical things to watch.
Is the US economy headed for a recession?
Leading economists say a recession is more likely than originally expected. With new tariffs set to be launched on April 2, investors and economists are growing more concerned about an economic slowdown or recession.
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