European Commission President Ursula von der Leyen responded to US President Donald Trump’s ‘reciprocal tariffs’ on Thursday, noting that “US tariffs are a major blow to the world economy.”

The Indian Rupee (INR) remains under selling pressure on Thursday, pressured by the weakening in Asian equity and currency markets after US President Donald Trump imposed broad-based tariffs.

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1889 as compared to the previous day's fix of 7.1793 and 7.2532 Reuters estimate.

The NZD/USD pair faces some selling pressure to near 0.5730 during the early Asian session on Thursday.

The USD/JPY trades volatily as US President Donald Trump announces reciprocal tariffs on Liberation Day, with duties being effective on April 3.

EUR/USD lurched higher late Wednesday, tapping its highest bids in ten consecutive trading days after market sentiment reacted positively to better-than-expected tariff levels from the Trump administration.

The Mexican Peso (MXN) remains on the defensive against the US Dollar (USD), trading with losses of more than 0.50% as traders await US President Donald Trump's Liberation Day announcement later today.

EUR/USD extended its upward trajectory on Wednesday, rising toward the upper end of its recent range and was last seen near the 1.0900 zone following the European session.

The Pound Sterling advances early during the North American session against the US Dollar as traders await US President Trump's tariff announcement, which could potentially spur a global economic slowdown.

The USD/JPY pair trades with caution around 149.50 during North American trading hours on Wednesday.

The USD/CAD pair ticks higher to near 1.4330 in Wednesday’s North American session.

Pound Sterling (GBP) is also quiet and extending is recent consolidation around 1.29 ahead of Wednesday’s US tariff announcement, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Euro (EUR) is extending its tight consolidation around 1.08 ahead of Wednesday’s US tariff announcement, Scotiabank's Chief FX Strategist Shaun Osborne notes.

The Canadian Dollar (CAD) is little changed—and a relative, if minor, underperformer versus many of its peers, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Brazil Industrial Output (YoY) came in at 1.5%, below expectations (2.3%) in February

Brazil Industrial Output (MoM) below forecasts (0.5%) in February: Actual (-0.1%)

The NZD/USD pair advances to near 0.5745 during European trading hours on Wednesday.

As we expected, Norges Bank left the policy rate unchanged last week. After all, the interest rate path from December did not necessarily imply an interest rate cut in March.

Germany 10-y Bond Auction fell from previous 2.92% to 2.68%

Slight increase in downward momentum is likely to lead to a lower range of 1.0770/1.0820 instead of a sustained decline.

EUR/USD has softened a bit into today’s tariff event, but price action suggests strong buying interest below 1.080, in another sign that markets aren’t ready to sink their teeth on a negative, tariff-led euro narrative, ING’s FX analysts Francesco Pesole notes.

Brazil Fipe's IPC Inflation up to 0.62% in March from previous 0.51%

The USD/CHF pair strengthens to around 0.8845 during the early European session on Wednesday.

The USD/CAD pair reverses an Asian session dip to sub-1.4300 levels or a fresh weekly low touched during the Asian session on Wednesday, and for now, seems to have stalled the overnight pullback from the 1.4415 area, or a nearly three-week high.

The NZD/USD pair gains strong follow-through positive traction for the second straight day and climbs to a fresh weekly high, around the 0.5720-0.5725 region during the Asian session on Wednesday.

The Indian Rupee (INR) softens on Wednesday. The local currency retreats after logging its best monthly rise in over six years, driven by a weaker Greenback and renewed foreign inflows into equities.

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1793 as compared to the previous day's fix of 7.1775 and 7.2663 Reuters estimate.

The GBP/JPY begins Wednesday’s Asian session on a positive note, after posting losses of 0.22% on Tuesday, as investors grew risk-averse due to US trade policies.

The NZD/USD pair showed modest bullish momentum on Tuesday’s session, climbing slightly and hovering around the 0.57 zone ahead of the Asian session.

The AUD/JPY pair is showing mild intraday movement during Tuesday’s session, trading just under the 94.00 mark ahead of the Asian opening.