As the 2 April 'Liberation Day' approaches, financial markets have turned more jittery with exporters and businesses bracing for potentially hard-hitting import tariffs imposed by US President Trump, UOB Group's economists Suan Teck Kin and Alvin Liew note.
Pound Sterling (GBP) is under mild downward pressure vs US Dollar (USD); it is expected to edge lower, but any decline is likely limited to a test of 1.2880.
The Pound Sterling (GBP) weakens against its major peers on Tuesday, with United Kingdom (UK) officials assessing potential economic risks from reciprocal tariffs to be unveiled by United States President Donald Trump on Wednesday.
European Commission President Ursula von der Leyen said on Tuesday, “we do not necessarily want to retaliate. But if it is necessary, we have a strong plan to do so and we will use it.”
Hantec Trader has announced the expansion of its challenge-based funded accounts to include instant funding options. The prop firm, owned by FX and CFD broker Hantec Markets, will offer a new type ...
Silver (XAG/USD) oscillates in a narrow trading band following the previous day's good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday.
The NZD/USD pair struggles to capitalize on the previous day's modest bounce from the 0.5650-0.5645 region or a nearly four-week low and oscillates in a narrow band during the Asian session on Tuesday.
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the April monetary policy decision on Tuesday.
Gold price (XAU/USD) builds on the previous day's breakout momentum beyond the $3,100 mark and gains positive traction for the fourth successive day on Tuesday.
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