Streetbeat News

Forex Markets

FXC

The USD/CAD currency pair continues its upward trajectory for the third consecutive day, climbing to around 1.4360. Market sentiment is cautious due to anticipated reciprocal tariffs by the US, which could potentially impact Canada's economic outlook on the upcoming Liberation Day.

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March 31, 2025 | 10:30 am

JPYUSD

Societe Generale's FX analysts report that the USD/JPY currency pair is experiencing a pullback after failing to sustain its recent rebound near the 50-DMA and 200-DMA levels. The breach of the short-term ascending channel suggests a possible resumption of the downtrend, with potential support levels at 148.15/147.50 and potential further decline towards March lows around 146.50.

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March 31, 2025 | 10:30 am

UUP

Key foreign exchange market participants are raising concerns about a potential 'liquidity mirage' where trading platforms and automation create an illusion of market depth. Despite multiple trading platforms, the retreat of major financial institutions is actually reducing genuine market liquidity.

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March 31, 2025 | 10:00 am

UUP

The EUR/USD currency pair is trading flat around 1.0830 as markets await President Trump's planned reciprocal tariff announcement on Wednesday. The US Dollar has been declining for three consecutive trading days, creating uncertainty in forex markets.

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March 31, 2025 | 9:30 am

BTCUSD

The cryptocurrency market experienced a significant downturn, losing $250 billion in market capitalization over the past week. Bitcoin and altcoins have been heavily impacted, with XRP emerging as the worst-performing large-cap cryptocurrency during this period.

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March 31, 2025 | 7:30 am

USDCHF

The USD/CHF currency pair is experiencing downward pressure due to escalating trade war concerns and potential global economic uncertainties. US President Trump's planned announcement of reciprocal tariffs and geopolitical tensions in regions like Gaza and Yemen are contributing to market volatility, with the Swiss Franc strengthening as a safe-haven currency.

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March 31, 2025 | 7:15 am

FXY

The forex market is experiencing heightened volatility due to potential Trump tariffs, causing risk aversion and pushing USD/JPY lower. Bond yields are declining, and markets are cautious ahead of Liberation Day on April 2nd, with growing concerns about potential economic recession.

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March 31, 2025 | 6:45 am

GBPUSD

The GBP/USD currency pair is experiencing a modest upward movement, trading around 1.2965 in the Asian session. This comes amid concerns about potential US tariffs on imported cars and other goods, which could negatively impact the US economy and potentially limit Federal Reserve's interest rate reduction options. The pair has been consolidating between 1.3000 and 1.2870 after recent multi-month highs.

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March 31, 2025 | 5:30 am

EFA

The article discusses the potential for international stocks to outperform US stocks, highlighting a historical trend where the S&P 500 has consistently outperformed the EAFE international stock index over the past 12 years. The key focus is on the potential impact of a weakening US dollar, which could make international investments more attractive.

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March 31, 2025 | 5:15 am

FXB

The NZD/USD currency pair weakened to around 0.5705 as markets anticipate potential new US tariffs on Chinese goods. President Trump plans to announce 'reciprocal' tariffs on Wednesday, which could escalate trade tensions. Offsetting this negative sentiment, recent Chinese economic data showed slight improvements in Manufacturing and Non-Manufacturing PMI, with China also pledging fiscal stimulus.

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March 31, 2025 | 5:00 am