{"id":44963,"date":"2025-04-23T22:18:14","date_gmt":"2025-04-23T22:18:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/44963\/"},"modified":"2025-04-23T22:18:14","modified_gmt":"2025-04-23T22:18:14","slug":"us-data-germanys-morale-gauges-and-tariffs-take-centre-stage","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/44963\/","title":{"rendered":"US data, Germany\u2019s morale gauges, and tariffs take centre stage"},"content":{"rendered":"

The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating fears around potential threats to the Fed\u2019s independence by President Trump.<\/p>\n

Here is what you need to know on Thursday, April 24:<\/p>\n

The US Dollar Index<\/a> (DXY) advanced further and retargeted the psychological 100.00 barrier, up for the second straight day. The weekly Initial Jobless Claims<\/a> are due, seconded by the Chicago Fed National Activity Index, Durable Goods Orders, and Existing Home Sales.<\/p>\n

EUR\/USD came under extra selling pressure, challenging the 1.1300 key support, or multi-day troughs. Germany\u2019s IFO Business Climate will be only released on the domestic calendar.<\/p>\n

GBP\/USD broke below the 1.3300 support to reach new four-day lows amid the persistent advance in the Greenback. Next on tap across the Channel will be the CBI Business Optimism Index, seconded by Industrial Trend Orders.<\/p>\n

USD\/JPY gained extra steam and broke above the 143.00 hurdle, hitting fresh multi-day peaks. The weekly readings of Foreign Bond Investment are expected.<\/p>\n

Prices of WTI dipped to four-day lows, breaching the $62.00 mark per barrel following the likelihood that the OPEC+ could hike the crude oil output next month.<\/p>\n

The better tone in the risk-linked assets as well as the higher US Dollar and easing US-China trade concerns all weighed on the yellow metal, dragging Gold prices<\/a> below the $3,300 mark per troy ounce. Silver prices, in the meantime, rallied to three-week highs around the $33.70 zone per ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating…\n","protected":false},"author":2,"featured_media":44964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[3422,1139,2000,299,17929,1824],"class_list":{"0":"post-44963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-currencies","9":"tag-dollarindex","10":"tag-eu","11":"tag-europe","12":"tag-eurusd","13":"tag-germany"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/44963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=44963"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/44963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/44964"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=44963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=44963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=44963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}