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President Trump: Preemptive cuts in interest rates are being called for by many
President Trump: Preemptive cuts in interest rates are being called for by many
In a post published on Truth Social on Monday, United States (US) President Donald Trump voiced his criticism over the Federal Reserve's (Fed) monetary policy and accused Fed Chairman Jerome Powell of lowering interest rates in late 2024 for political purposes.
US Elections
Fed
UnitedStates
Macroeconomics
DollarIndex
USD/JPY plummets to near 140.50 as Trump aims Fed Powell’s removal
USD/JPY plummets to near 140.50 as Trump aims Fed Powell’s removal
The USD/JPY pair falls sharply to near 140.50 during North American trading hours on Monday. The pair cracks after breaking below the previous week’s low of 141.64 and aims to revisit the 21-month low of 139.60. The asset has shown significant weakness due to a sharp downside in the US Dollar (USD).
TradeWar
Fed
BOJ
USDJPY
DollarIndex
USDJPY falls with the USD weakness and trades to lowest level since September 2024
USDJPY falls with the USD weakness and trades to lowest level since September 2024
The USDJPY tests the 61.8% of the range since the 2023 low at 140.483
JPY
USD
JPY up 1% with markets focused on trade talks April 24 – Scotiabank
JPY up 1% with markets focused on trade talks April 24 – Scotiabank
Japanese Yen (JPY) is up an impressive 1.0% against the US Dollar (USD) but a mid-performer among the G10 currencies in an environment of material USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
BOJ
Japan
USDJPY
Banks
Will XRP Reach $10? Ripple’s Ledger to Power Post-Trade Systems of Prime Broker Hidden Road
Will XRP Reach $10? Ripple’s Ledger to Power Post-Trade Systems of Prime Broker Hidden Road
News Discussion Forum
By Finance Magnates
Will XRP Reach $10? Ripple’s Ledger to Power Post-Trade Systems of Prime Broker Hidden Road
The lines between decentralized finance and traditional finance continue to blur now, Ripple's XRP Ledger (XRPL) is at the center of a new attempt to integrate blockchain into the heart of institut...
Ripple
XRP
GBP a mid-performer as markets await BoE Government speech – Scotiabank
GBP a mid-performer as markets await BoE Government speech – Scotiabank
Pound Sterling (GBP) is up 0.8% against the US Dollar (USD) and relative underperformer against its European currency peers CHF, EUR and SEK.
Technical Analysis
Banks
GBPUSD
EUR outperforming on relative risk & central bank policy – Scotiabank
EUR outperforming on relative risk & central bank policy – Scotiabank
Euro (EUR) is up an impressive 1.25% against. the US Dollar (USD) and outperforming all of the G10 currencies with the exception of Swiss Franc (CHF), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
CAD firmer but underperforms G10 peers – Scotiabank
CAD firmer but underperforms G10 peers – Scotiabank
USD/CAD traded briefly on a 1.37 handle earlier for the first time since October, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
USD slides on Fed independence threat – Scotiabank
USD slides on Fed independence threat – Scotiabank
The sell-off in the USD and US assets generally has resumed.
Technical Analysis
Fed
Banks
DollarIndex
EURUSD breaks higher and traded to highest level going back November 2021
EURUSD breaks higher and traded to highest level going back November 2021
The price extends above a swing area between 1.1482 to 1.15158. That is now support/close bias defining level for the pair.
EUR
USD
Fed's Goolsbee: Impact of tariffs on macro economy could be modest
Fed's Goolsbee: Impact of tariffs on macro economy could be modest
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that short-run inflation expectations are up and added that it's very important for long-run inflation expectations not to rise.
Fed
CentralBanks
US bond yields are marching higher again
US bond yields are marching higher again
US 30-year yields up 9 basis points
Pope Francis dies at 88
Pope Francis dies at 88
Sad news on Easter Monday
Gold extends bull run as US Dollar bleeds on Trump-Powell fued
Gold extends bull run as US Dollar bleeds on Trump-Powell fued
Gold price (XAU/USD) trades at a new all-time high near $3,425 during North American trading hours on Monday.
XAUUSD
Fed
SEO
Gold
US dollar bounces but it's still an ugly picture
US dollar bounces but it's still an ugly picture
The US dollar recovers from the lows of the day
When Will Bitcoin Hit 100K Again; Japanese Firm Metaplanet Adds 330 BTC
When Will Bitcoin Hit 100K Again; Japanese Firm Metaplanet Adds 330 BTC
News Discussion Forum
By Finance Magnates
When Will Bitcoin Hit 100K Again; Japanese Firm Metaplanet Adds 330 BTC
Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million. The move follows its recent purchase of 330 Bitcoin for $28.
BTC
Bitcoin (BTC)
crypto
cryptocurrency
GBP/USD soars above 1.3400 as threat to Fed’s independence batters US Dollar
GBP/USD soars above 1.3400 as threat to Fed’s independence batters US Dollar
The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday, the highest level seen in seven months. The Cable strengthens as the US Dollar (USD) has been battered by the threat to the Federal Reserve’s (Fed) independence after United States (US) President Donald Trump.
TradeWar
Fed
BOE
GBPUSD
DollarIndex
FXS Fed Sentiment Index remains in hawkish region as Fed independence comes under threat
FXS Fed Sentiment Index remains in hawkish region as Fed independence comes under threat
The Federal Reserve (Fed) will enter the blackout period on April 26 before holding a two-day meeting on May 6-7. Markets widely expect the Fed to hold its policy rate unchanged, with the CME FedWatch Tool's probability of a 25 basis points (bps) at the May meeting holding around 10%.
Fed
Macroeconomics
USD/CNY: Strong Q1 GDP growth, but challenges exist – MUFG
USD/CNY: Strong Q1 GDP growth, but challenges exist – MUFG
Macro data released last week showed the government policy support has been generating positive impact on the economy. China’s Q1 GDP delivered a strong growth of 5.4%yoy, above market expectations of 5.2%yoy.
GDP
China
Currencies
USDCNY
Banks
US and China: who will make the first move? – MUFG
US and China: who will make the first move? – MUFG
The past week continued to bring a lack of clarity on tariffs, including on how and whether the US and China will eventually come to the table to at least start to negotiate.
China
UnitedStates
Banks
Macroeconomics
USD weakness in focus this week – DBS
USD weakness in focus this week – DBS
The USD’s weakness will likely be a key topic at the G20 Finance Ministers and Central Bank Governor Meeting on April 23-24 in Washington D.C., which will be part of the Spring Meetings of the IMF and the World Bank.
Fed
Banks
DollarIndex
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Commodities
Metals
Markets spooked by Trump’s interest in removing Powell – UBS
Markets spooked by Trump’s interest in removing Powell – UBS
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy with the idea of a politicized Fed—the US dollar and long-dated government bonds have weakened.
TradeWar
Fed
Banks
DollarIndex
Eurozone: ECB cuts rates by 25 bps again – UOB Group
Eurozone: ECB cuts rates by 25 bps again – UOB Group
The European Central Bank (ECB) cut interest rates by 25 bps at its 17 April meeting. This is the seventh time since Jun 2025 that the central bank has lowered rates.
ECB
Eurozone
CentralBanks
InterestRate
Banks
Silver Price Forecast: XAG/USD advances to near $33.00 due to renewed safe-haven demand
Silver Price Forecast: XAG/USD advances to near $33.00 due to renewed safe-haven demand
Silver price (XAG/USD) has recovered its losses registered in the previous session, trading near $32.80 per troy ounce during Monday’s European session. The recovery in the grey metal is supported by renewed safe-haven demand amid a weakening US Dollar (USD).
Silver
Metals
Commodities
Macroeconomics
XAGUSD
USD/CHF plummets to its lowest level since 2015, below mid-0.8000s amid bearish USD
USD/CHF plummets to its lowest level since 2015, below mid-0.8000s amid bearish USD
The USD/CHF pair attracts heavy selling at the start of a new week and plummets to levels just below mid-0.8000s, or the lowest since January 2015 during the first half of the European session.
Recession
Currencies
TradeWar
Fed
USDCHF
AUD/JPY falls below 90.50 due to rising odds of BoJ rate hikes
AUD/JPY falls below 90.50 due to rising odds of BoJ rate hikes
The AUD/JPY pair extends its decline for a second straight session, hovering around 90.40 during Monday’s European trading hours. The Japanese Yen (JPY) continues to strengthen, supported by rising expectations that the Bank of Japan (BoJ) will persist with its interest rate hikes.
AUDJPY
Crosses
Macroeconomics
Japan
Australia
EUR/USD rallies above 1.1500 as US Dollar bleeds on threat to Fed's independence
EUR/USD rallies above 1.1500 as US Dollar bleeds on threat to Fed's independence
EUR/USD breaks to near 1.1575 on Monday, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status.
ECB
EURUSD
Fed
SEO
DollarIndex
USD/CAD Price Forecast: Declines to near 1.3800 as US Dollar nosedives
USD/CAD Price Forecast: Declines to near 1.3800 as US Dollar nosedives
The USD/CAD pair slides to near 1.3800 in Monday’s European session, the lowest level seen in six months. The Loonie pair slumps as the US Dollar (USD) underperforms its peers, with the Federal Reserve (Fed) under threat from United States (US) President Donald Trump.
SupportResistance
TradeWar
Fed
USDCAD
DollarIndex
NZD/USD Price Forecast: Breaks above 0.6000, next barrier appears near six-month highs
NZD/USD Price Forecast: Breaks above 0.6000, next barrier appears near six-month highs
The NZD/USD pair extends its winning streak that began on April 9, trading around 0.6010 during early European trading hours on Thursday. Technical indicators on the daily chart point to a bullish bias, with the pair holding above the nine-day Exponential Moving Average (EMA).
Technical Analysis
Majors
NZDUSD
Gold Spot Price Hits New Record at $3.4K: How Much Is Gold Per Ounce Today on Price Chart?
Gold Spot Price Hits New Record at $3.4K: How Much Is Gold Per Ounce Today on Price Chart?
News Discussion Forum
By Finance Magnates
Gold Spot Price Hits New Record at $3.4K: How Much Is Gold Per Ounce Today on Price Chart?
How much is gold per ounce? Discover what determines the gold spot price per ounce in 2025, how it's calculated daily, and the key factors driving gold prices in today's market.
gold
Gold price
Gold news
Why Is Bitcoin Going Up? Trump vs Powell Clash Is Pushing Crypto Higher
Why Is Bitcoin Going Up? Trump vs Powell Clash Is Pushing Crypto Higher
News Discussion Forum
By Finance Magnates
Why Is Bitcoin Going Up? Trump vs Powell Clash Is Pushing Crypto Higher
The bullish sentiment in the cryptocurrency market appears to be returning, with the uncertain fate of US Federal Reserve Chairman Jerome Powell.
bitcoin
donald trump
Forex Today: US Dollar selloff resumes after Good Friday, Gold renews record high
Forex Today: US Dollar selloff resumes after Good Friday, Gold renews record high
Here is what you need to know on Monday, April 21:
Majors
Macroeconomics
Currencies
Commodities
EconomicIndicator
US Dollar Index slumps below 98.50 on trade war woes
US Dollar Index slumps below 98.50 on trade war woes
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, falls to near 98.30, the lowest since March 2022.
China
TradeWar
Macroeconomics
DollarIndex
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