Russia Central Bank Reserves $: $658B vs $645.6B

Apr 10, 2025

ECB: April cut looks likely – Standard Chartered

ECB’s April policy meeting could be a close call, but we lean towards a 25bps cut. For now, our base case is a June hold, but we see growing risks of another cut given tariff threats.

USD softer as there are still major challenges – Scotiabank

So the US paused reciprocal tariff action for 90 days on non-retaliating countries but maintained a base line 10% tariff just hours after imposing aggressive levies on its major trading partners. China gets whacked with 125% tariffs though, Scotiabank's Chief FX Strategist Shaun Osborne notes.