Investors digest mixed economic signals and ongoing US-China trade tensions.

From monetamarkets.com

Global financial markets on April 17, 2025, are marked by cautious trading as investors digest mixed economic signals and ongoing US-China trade tensions. A modest US Dollar recovery, underpinned by anticipation of key US data releases, contrasts with safe-haven demand for gold and renewed volatility in cryptocurrencies like XRP. The European Central Bank’s expected rate cut and New Zealand’s inflation data add further complexity, while tariff uncertainties continue to shape sentiment across asset classes. Current Level: EUR/USD trades near 1.1376, holding above 1.1300 but within a familiar range. Technical ... (full story)