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News2025-04-07
GBP/USD fell below 1.2950 due to risk aversion
The GBP (GBP) fell sharply against the US dollar (USD), falling more than 1% on Friday as China announced tariffs on U.S. products, causing a worsening risk appetite and triggering a reaction from U.S. President Donald Trump. As of press time, GBP/USD was trad...

News2025-04-07
Euro/USD fell after Powell's speech, bulls took a breath
In trading after the close of Europe on Friday, the EUR/USD pair fell back to the 1.1000 area, abandoning some of its early strength. Despite the pullback, the pair is still in a bullish structure, supported by key moving averages. The latest downside appears ...

News2025-04-07
Euro/USD fluctuates around 1.10 after Powell expressed opposition to the rate cu
On Friday, the euro/dollar fluctuated around 1.1000, markets were exhausted and almost stable, ushering in an overly cautious Fed Chairman Powell, who warned that inflation and recession risks due to tariffs would make the Fed less likely than more likely to c...

News2025-04-07
Gold prices plummeted by more than 2.8% as Powell's attitude towards tariffs and
Gold (XAU) prices continued their second straight day of decline on Friday, hitting a seven-day low of $3,023 per ounce, down more than 2.80% as Fed Chairman Jerome Powell turned hawkish at a Virginia meeting. Gold/USD fell to $3023, and the Fed chairman warne...

News2025-04-07
Heavy losses drag the pair to around 88.60, and the short momentum of the Austra
The Australian dollar/yen fell sharply on Friday, retracing to the 88.60 area, with a decline of more than 4% on the day. This move represents one of the steepest intraday declines in recent trading, dragging the pair from its recent highs into the middle rang...

News2025-04-07
Gold prices fall, Powell warns tariff-driven inflation
Gold (XAU) prices continued to fall on Friday, plunging to a seven-day low of $3,015 before rebounding, the decline stemmed from a speech by Fed Chairman Jerome Powell, suggesting tariffs could lead to a resurgence of inflation. XAU/USD traded at $3029, down 2...

News2025-04-07
Australian dollar falls below 0.6050, market prepares for RBA rate cuts
The Australian dollar/USD fell below the [XM Group] key psychological support during the US session on Friday, sliding to the 0.6050 area, setting a five-year low. The sharp decline further drove the dollar‘s rise after the U.S. non-farm employment (NFP) repor...

News2025-04-07
Silver/USD plummeted by more than 7%, falling below $30.00
Silver prices plummeted on Friday as financial market turmoil lasted for the third day after U.S. President Donald Trump decided to impose reciprocal tariffs. China then retaliated, sparking concerns about a global economic slowdown. Silver/USD was traded at $...

News2025-04-07
New Zealand dollar/USD New Zealand dollar fell below 0.5600, sellers increased c
The NZD/USD collapsed on Friday, slumping towards the 0.5600 area, with bearish momentum dominating the entire trading session. The pair is deeply trapped in the red zone, with an intraday decline of more than 3%, and maintains a mid-range range between the mo...

News2025-04-07
4.7 Gold continues to release floods in the early trading, and the bulls' defens
After the three-way sideline suppression of gold to 3167, the price continued to fall, and opened more than 40 US dollars lower in the morning. As of now, the lowest price in the morning has reached 2975. We were all short last week, and we were 3082 more long...

News2025-04-07
GBP/USD rebounds from a one-month low, holding on to the 200-day simple moving a
The GBP/USD pair attracted some bottom-buyers in the 1.2830 region, or near a one-month low hit during the Asian session on Monday, and now appears to have paused a pullback from the six-month high hit last week. Spot prices are currently trading near the 1.29...

News2025-04-07
The US dollar index fluctuates downward, paying attention to US CPI and internat
On Monday, the US dollar index fluctuated and fell back, and the market remained cautious. The market will release a number of important economic data in the next week: on Monday, the United Kingdom‘s industrial output in February, the United Kingdom‘s Halifax...

News2025-04-07
Trump sends a major signal to tariffs, the dollar index rebounds slightly, gold
On April 7, in the early trading of Asian market on Monday, Beijing time, the US dollar index hovered around 102.72. Last Friday, the U.S. dollar index rebounded slightly and returned to above the 103 mark for a time, finally closing up 0.89% to 102.93 as inve...

News2025-04-07
Guide to short-term operation of major currencies on April 7
From a technical point of view, the US dollar index rose below 103.20 last Friday, and the decline above 101.50 was supported, which means that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 103.05 today...

News2025-04-07
Black clouds press over tariff war, gold and silver pressure on short bands
Last week, the gold market opened at the 3087.8 position at the beginning of the week and then continued the upward trend of the previous week. The weekly high gave a record high of 3168.2. The market fell on Thursday due to the lack of liquidity caused by the...
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