US OPEN
DXY slumps & havens lifted after China raises tariffs on US goods to 125%
Good morning USA traders, hope your day is off to a great start! Here are the top 6 things you need to know for today’s market.
6 Things You Need to Know
China unveils additional tariff measures on US goods; to raise additional tariffs on US goods to 125% from 84%. Effective April 12th.
China’s Finance Ministry says “if the US continues to impose additional tariffs on Chinese goods exported to the US, China will ignore it”.
European indices hit after China raises tariffs; US futures modestly lower into bank earnings.
DXY slumps to a 99.01 low after China increases tariffs on the US; EUR outperforms.
Bonds lifted by China’s latest retaliation but remain on track to end the week with significant losses.
Base metals underpinned by hopes of Chinese stimulus.
Using my platform as a HEATMAP shows

…the dollar getting smashed across-the-board , led by the EUR, as the trade war with China heats up… main laggard is the AUDUSD… EURUSD
looma, should be tough
US bond yields remain elevated while stocks are down…as noted higher bond yields and falling stocks are a bad combination for a currency (e.g. selling of dollar assets)
Gold continued to move highernew record, surging past 3200
Looking ahead: US PPI, U of M consumer sentiment
Watch inflation expectation in U of M consumer sentiment
U of M consumer sentiment
Chineese stocks taking a hit on this but remember the only voice that counts is what Pres Trump says


Global View | The Original Forex Trading Forum
Since our founding in 1996, we have built a legacy as a trusted place that empowers retail and professional traders alike. Our mission is simple: to provide a space where forex knowledge flows freely, and every member can grow through real-time conversation, expert insights, and shared experiences.
It isn’t just another forum; it’s the original and leading destination for Forex traders worldwide since 1996! Immerse yourself in a vibrant online community where traders of all levels connect, share strategies, and stay ahead of global market developments. Get real-time trading tips from real traders on Forex, stocks, Bitcoin, and more. We offer educational content, real-time charting tools, and access to proprietary Algo Trading systems. Join Global View today and become part of a global network of successful traders, where knowledge flows freely and your trading journey thrives! Elevate your game and experience the power of community-driven insights.

The fast-paced nature of the currency markets demands tools and platforms that keep up with the action. At Global View, we offer a live forum that features timely discussions and market reactions as they happen. Whether it’s breaking economic news, central bank announcements, or technical levels being tested, our members are always actively sharing their thoughts and forecasts in real time.
You’ll find live threads covering:
Our live discussions make Global View more than just another traders forum—they make it a key part of your daily trading workflow.

Looking for a place where serious forex investors connect and collaborate? Global View is more than a discussion board—it’s a full-fledged investment forum. Our members range from independent traders to hedge fund managers, all eager to share insights, ask questions, and learn from each other.
You can:
Our community fosters respectful and insightful conversation—perfect for traders who are committed to improving their craft.
Global View isn’t just about conversation. We provide additional resources to support your trading, including:
Whether you’re just starting out or have been trading for decades, Global View is your go-to platform for connection, education, and execution.
Join Global View today—the original and still one of the best trading forums for serious traders around the world.

© 2024 Global View
