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AUD/USD plummets to 0.6250, two-day lows
AUD/USD now retreats from the area of daily highs north of 0.6300 the figure and revisits the mid-0.6200s as investors continue to digest Trump's announcements on "Liberation Day".
EUR/USD loses the grip and retests 1.0800
The US Dollar is now picking up further pace and sends EUR/USD back to the 1.0800 neighbourhood following President Trump's announcements of reciprocal tariffs on Wednesday.
Gold remains well bid near $3,140 post-Trump tariffs
Gold maintains its bullish stance well in place and trade near its record highs in the wake of President Trump's announcement of reciprocal tariffs. In addition, declining US yields also collaborate with the metal's bounce.
Grayscale launches Bitcoin options ETF with a focus on income generation
In a press release on Wednesday, Grayscale announced the launch of Bitcoin options-based ETFs, the Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI).
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.
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