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AUD/USD: Tariff relief for 90 days – OCBC
Australian Dollar (AUD) rebounded 4% from its lows overnight after Trump pauses tariffs on most nations for 90 days. Pair was last at 0.6170 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
AUD/USD
Fxstreet
Thu, Apr 10
USD/JPY: Downward momentum is beginning to ease – UOB Group
After the sharp swings, the outlook is unclear; US Dollar (USD) could trade in a range of 145.40/148.50 vs Japanese Yen (JPY).
USD/JPY
Fxstreet
Thu, Apr 10
USD/CNH: 2-way trades for the time being – OCBC
Despite Trump raising tariffs on China to 125% overnight, USD/CNH fell as broader sentiment improved. Trump unexpectedly paused higher tariffs on 56 nations (excluding China) for 90 days.
Fxstreet
Thu, Apr 10
Solana signals bullish breakout as Huma Finance 2.0 launches on the network
Solana (SOL), the fourth-largest smart contracts token, slightly retraces and trades at $114.46 at the time of writing on Thursday after gaining 8% in the last 24 hours.
Solana
Fxstreet
Thu, Apr 10
NZD/USD: Weakness in NZD has stabilised – UOB Group
New Zealand Dollar (NZD) could test 0.5695 vs US Dollar (USD) before the risk of a pullback increases. In the longer run, weakness in NZD has stabilised; it is likely to consolidate between 0.5540 and 0.5760 for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Thu, Apr 10
GBP: Gilt baggage – ING
EUR/GBP briefly traded to 0.8650 yesterday – a move which seems to coincide with the sell-off in UK gilts. That UK gilts even underperformed US Treasuries is quite remarkable and probably very unnerving for the UK's Debt Management Office, ING’s FX analyst Chris Turner notes.
EUR/GBP
GBP/USD
Fxstreet
Thu, Apr 10
China mulls tariff response to US hike – ING
Markets are watching closely as China weighs a response to the latest US tariff hike. With limited trade impact, the focus shifts to potential currency movements and consumer strain, ING’s FX analyst Chris Turner notes.
Fxstreet
Thu, Apr 10
AUD/USD seems to have enough momentum to test 0.6195 – UOB Group
Sharp rally in Australian Dollar (AUD) seems to have enough momentum to test 0.6195 before leveling off. 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.
AUD/USD
Fxstreet
Thu, Apr 10
Bitcoin Price Forecast: BTC stabilizes around $82,000, Dead-Cat bounce or trendline breakout
Bitcoin (BTC) price stabilizes at around $82,000 on Thursday after recovering 8.25% the previous day. US President Donald Trump's announcement of a 90-day tariff pause on Wednesday triggered a sharp recovery in the crypto market.
Bitcoin
Fxstreet
Thu, Apr 10
USD: Damage has been done – ING
The clean take-away from the pause in the worst of the tariffs was a re-assessment of global trade prospects on the view that perhaps tariffs were more transactional after all, and US equity losses are indeed proving a brake on the President's desires to rewire the global trading systems, ING’s FX a
Fxstreet
Thu, Apr 10
GBP/USD: Still trading in a range – UOB Group
Pound Sterling (GBP) is still trading in a range vs US Dollar (USD), expected to be between 1.2750 and 1.2870. In the longer run, GBP could decline further; it is unclear if it can reach the next major support at 1.2580, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Thu, Apr 10
EUR/CHF falls below 0.93 amid market turmoil – ING
Elsewhere, the Norwegian krone is having a good rally today, ING’s FX analyst Chris Turner notes.
EUR/CHF
USD/CHF
Fxstreet
Thu, Apr 10
Silver Price Forecast: XAG/USD retreats from weekly top, back below $31.00 ahead of US CPI
Silver (XAG/USD) struggles to capitalize on its modest intraday uptick and retreats slightly after touching a fresh weekly high, around the $31.30 region during the early European session on Thursday.
Silver
Fxstreet
Thu, Apr 10
EUR/USD: Further decline is unlikely to reach 1.0850 – UOB Group
Sharp decline in Euro (EUR) vs US Dollar (USD) has room to test 1.0895 before stabilisation is likely; any further decline is unlikely to reach 1.0850.
EUR/USD
Fxstreet
Thu, Apr 10
EUR: EUR/USD remains the 'washing machine' – ING
The EUR/USD market is sometimes referred to as a 'washing machine' where global trade and portfolio flows meet and cancel each other out, ING’s FX analyst Chris Turner notes.
EUR/USD
Fxstreet
Thu, Apr 10
Top 3 gainers Flare, Ondo and Bittensor: Will altcoins outperform Bitcoin after Trump's tariff pause?
Altcoins make stunning recoveries on Thursday following United States (US) President Donald Trump's sudden U-turn on reciprocal tariffs less than 24 hours after they took effect on Wednesday.
Bitcoin
Fxstreet
Thu, Apr 10
Forex Today: US Dollar struggles to extend rebound after tariff pause, eyes on CPI
Here is what you need to know on Thursday, April 10:
Fxstreet
Thu, Apr 10
BNB Chain and MEXC announce partnership to fast-track listings and amplify exposure for new projects
Binance Coin (BNB) price stabalizes around $577 on Thursday after bouncing off its key support level the previous day. On Wednesday, the BNB Chain and MEXC exchange announced a partnership to accelerate listings, boost global exposure and support high-potential projects.
BNB
Fxstreet
Thu, Apr 10
USD/CAD Price Forecast: Seems vulnerable; could test 200-day SMA near 1.4000 mark
The USD/CAD pair attracts some sellers following an Asian session uptick to levels just above the 1.4100 mark and drops to a fresh daily low in the last hour amid a modest US Dollar (USD) downtick. Spot prices currently trade around the 1.4075-1.4070 area and seem vulnerable to weaken further.
USD/CAD
Fxstreet
Thu, Apr 10
XRP Price Prediction: XRP back above $2 liquidating $18M in short positions, will the rally continue?
Ripple (XRP) seeks support above $2.0020 on Thursday after gaining 14% in the past 24 hours. The token trades at $2.0007 at the time of writing, reflecting growing bullish sentiment across global markets.
XRP
Fxstreet
Thu, Apr 10
Avalanche Octane update goes live on mainnet, slashes transaction fees significantly
Avalanche (AVAX) Octane update, live on mainnet on Thursday, introduces a dynamic fee mechanism to the C-Chain. This mechanism reduces transaction costs during high network activity by adjusting real-time fees, as per ACP-176.
Fxstreet
Thu, Apr 10
Japanese Yen strengthens in reaction to stronger PPI print from Japan
The Japanese Yen (JPY) regained positive traction during the Asian session on Thursday in reaction to the stronger-than-expected release of the Producer Price Index (PPI), which keeps the door open for further rate hikes by the Bank of Japan (BoJ).
USD/JPY
Fxstreet
Thu, Apr 10
PBOC sets USD/CNY reference rate at 7.2092 vs. 7.2066 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.2092 as compared to the previous day's fix of 7.2066 and 7.3484 Reuters estimate.
USD/CNH
Fxstreet
Thu, Apr 10
EUR/USD misses the boat on market-wide tariff relief rally
EUR/USD remains bogged down on the carts, caught in the much between 1.1000 and 1.0900 despite a broad-market recovery in investor risk appetite after the US once again pivoted away from its own tariff policies.
EUR/USD
Fxstreet
Wed, Apr 9
GBP/USD explores further upside as market sentiment rebounds after tariff delay
GBP/USD tested higher on Wednesday, climbing back over the 1.2800 handle after broad-market sentiment recovered across the board. The Trump administration has once again pivoted away from its own “no exceptions, no delays” tariff policy, and has again delayed tariffs, this time for 90 days.
GBP/USD
Fxstreet
Wed, Apr 9
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