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News2025-04-08
Preventive interest rate cuts are coming! How does the turning point of ECB poli
On Monday (April 7), the market focused on the European Central Bank (ECB) interest rate resolution to be announced this week. Although the euro rose slightly by 0.02% against the dollar to 1.0961 during the day, the interest rate futures market has fully pric...

News2025-04-08
Tariffs spark concerns about global recession, gold prices fall, investors turn
On Tuesday (April 8, Beijing time), spot gold trading around 2985.38, and gold prices fell nearly 2% on Monday, and investors turned to the dollar as a safe haven after the US full imposition of tariffs triggered concerns about a global recession. However, giv...

News2025-04-08
WTI, drops to four-year lows near $60.00 as Trump tariffs plagued
West Texas Intermediate (WTI), which serves as a benchmark for U.S. crude, traded around $60.30 in Asian session early Monday. WTI prices fell to their lowest point since April 2021 amid concerns that US President Trump‘s global tariffs would put the United St...

News2025-04-08
USD/CAD trades around the middle of 1.4200 with a positive bias as oil prices pl
W USD/CAD attracted some follow-up buying for the second consecutive day on Monday and is expected to continue to rise based on a slight rebound from the 1.4030-1.4025 region or year-over-year lows last week. Spot prices are currently trading around 1.4200, up...

News2025-04-08
GBP/USD rebounds in U.S. economic uncertainty
The GBP rebounded to nearly 1.2930 during the European trading session on Monday, hitting a one-month low of 1.2830 earlier. The pound/dollar attracted buying orders as U.S. President Donald Trump imposed reciprocal tariffs on Wednesday. The dollar index (DXY)...

News2025-04-08
Gold continues to pull back as trade war sell-offs intensify
Gold prices (XAU/USD) recovered on Monday and traded around $3,030 at the time of writing, after falling 2% in early trading as the trade war broke out. Gold failed to withstand selling pressure as stocks, USD and yields all fell on Monday. As China imposes it...

News2025-04-08
Tariffs spark global recession fears, dollar will become safe haven
In the Asian session on Tuesday, the U.S. dollar index hovered around 103.09, with the U.S. dollar gaining 0.53% against other currencies, rising for two consecutive trading days, breaking from the six-month low hit last week. The strengthening of the dollar m...

News2025-04-08
The global market encountered "Black Monday" and the White House urgently refute
On April 8, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 103.1825. On Monday, the US dollar index remained upward and finally closed up 0.56% to 103.5. The benchmark 10-year U.S. Treasury yield closed at 4.1...

News2025-04-08
【XM Group】--GBP/USD Forex Signal: Downwards Waves Continue
My previous GBP/USD signal on 2nd April was not triggered, as none of the key support or resistance levels were reached until after the end of the London session.Today’s GBP/USD SignalsRisk 0.75%.Trad

News2025-04-08
【XM Market Review】--EUR/JPY Forecast: Surges on Monday Despite Risk Jitters
The euro initially gapped lower against the Japanese yen during trading on Monday, only to turn around and skyrocket to the upside.All things being equal, this is a pair that is going to continue to b

News2025-04-08
Global trade enters the abyss, gold and silver are oversold in the range
Yesterday, the gold market opened lower at 3027.6 in the morning and then fell back, giving the position of 2969.9, and then the market rose strongly. The daily line reached the highest position of 3056.3 and then the market was under pressure and fluctuated a...

News2025-04-08
【XM Decision Analysis】--Copper Forecast: Finds Support Amid Global Trade Tension
During the Monday session, we saw a lot of selling in multiple markets around the world, including copper.This does make a certain amount of sense, considering that the copper market is quite often th

News2025-04-08
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 103.55 on Monday and the decline above 102.15 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 102.95 today and ...

News2025-04-08
【XM Decision Analysis】--Crude Oil Forecast: Tests $60 During the Monday Session
The crude oil market has been back and forth during the trading session on Monday, as we continue to ask questions of where the tariff war is going, and whether or not things are going to accelerate,

News2025-04-08
【XM Group】--GBP/JPY Forex Signal: Rallies After Gapping Lower
Potential signal:I would be a buyer of this pair if we can get a daily close above the ¥190 level.I would be aiming for the ¥194 level, with a stop loss near the ¥188.80 level underneath.The open on M
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