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NZD/USD Price Analysis: Kiwi extends gains near 0.5800 zone but eyes 200-day SMA hurdle
The NZD/USD pair extended its advance on Friday’s session with the pair seen trading near the 0.5800 zone after a 1.39% daily rise. This move positioned price mid-range between the day’s low of 0.56282 and high of 0.57656, reinforcing a bullish short-term momentum shift.
Fxstreet
Fri, Apr 11
Gold soars to record high as trade war erupts, USD crashes to 35-month low
Gold's price rally extended for the third straight day on Friday with the yellow metal hitting a new all-time high of $3,245. Gains of over 2% were posted amid the escalation of the trade war between the US and China and its impact on the global economy.
Fxstreet
Fri, Apr 11
EUR/USD Price Analysis: Bulls push toward fresh highs as pair trades above the 1.1300 zone
The EUR/USD pair extended its rally on Friday, rising sharply and moving near the 1.1300 zone after the European session. With the pair positioned mid-range between 1.11873 and 1.14736, bulls remain in control, pushing toward new highs for the year amid renewed risk appetite.
Fxstreet
Fri, Apr 11
GBP/USD rallies past 1.3000 as China escalates trade-war with US
The Pound Sterling extends its gains versus the US Dollar as the US-Sino trade war escalates, with China imposing 125% tariffs on US goods. Trade policies continue to drive price action, with economic data taking a backseat. At the time of writing, the GBP/USD trades at 1.3067, up 0.77%.
Fxstreet
Fri, Apr 11
EUR surges to 1.14 before consolidating – Scotiabank
The Euro (EUR) tested the upper 1.08s Monday and traded to a three-year high above 1.14 earlier. It is notable that the EUR surge is happening against a backdrop of widening EZ/US spreads which would ordinarily be a negative factor for the EUR, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Fri, Apr 11
US Dollar pares losses, DXY holding near thee-year lows
The US Dollar Index (DXY) bounced from a fresh three-year low of 99.02 achieved on Friday amid escalating tensions between China and the United States (US). The index currently hovers around 99.70, sharply down for a second consecutive day.Fxstreet
Fri, Apr 11
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.
Fxstreet
Fri, Apr 11
USD/CHF bounces off lows near the 0.8100 zone, tariffs eyed
On Friday, Beijing dramatically ramped up tariffs on US imports to 125%, striking back at President Trump's move to hike duties on Chinese goods to 145%. This countermeasure has ramped up the tension in a trade war that now threatens to upend global supply chains.
Fxstreet
Fri, Apr 11
USD/JPY: Further USD weakness is not ruled out – UOB Group
While deeply oversold, further USD weakness is not ruled out; next support level is at 142.50. In the longer run, renewed momentum suggests USD is likely to continue to decline; mid-term support levels are at 142.50 and 139.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Apr 11
NZD/USD: A move to 0.5855 can be expected – UOB Group
Further NZD strength is not ruled out, but it may not be able to maintain a foothold above 0.5785. In the longer run, upward momentum has increased, but NZD must first close above 0.5785 before a move to 0.5855 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Apr 11
AUD/USD: Likely to strengthen further – UOB Group
Australian Dollar (AUD) is likely to strengthen further, but the major resistance at 0.6290 still seems to be out of reach. In the longer run, for the time being, AUD is expected to trade in a 0.6000/0.6290 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Apr 11
GBP/USD: Impulsive momentum suggests further GBP strength – UOB Group
Impulsive momentum suggests further GBP strength; it remains to be seen if 1.3100 is within reach today. In the longer run, outlook for GBP has shifted to positive; the two technical levels to watch are 1.3210 and 1.3290, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Apr 11