United States Consumer Credit Change registered at $-0.81B, below expectations ($15.2B) in February

Apr 7, 2025

Canadian Dollar continues to churn amid tariff woes

The Canadian Dollar (CAD) whipsawed to kick off the new trading week, briefly rising after the US Dollar (USD) took a fresh beating on rumors of a possible tariff extension from the Trump administration.

Gold price sinks below $3,000 as USD surges, tariff turmoil stirs recession fears

Gold (XAU) price prolongs its agony and plummets by over 2% on Monday as investors seeking safety bid the US Dollar, with US trade policy fueling speculation of a global recession. XAU/USD trades at $2,971, its lowest level since mid-March, below $3,000.