In the past 4 hours, the entire network has seen $64.46 million in liquidations, with the majority coming from long positions.

On April 1st, U.S. President Trump said that maybe it will be tomorrow night or possibly on Wednesday that you will see (peer-to-peer) tariff details. (FXStreet)

On April 1st, Thomas Barkin, the President of the Richmond Fed, stated that it will take some time to obtain clear information regarding the impact of tariffs. In order to cut interest rates, confidence in inflation is required. The stagnation in the 1970s was characterized by a mismatch in inflation expectations; however, this is not currently observed. There is concern about both inflation and employment. There is no eagerness to cut interest rates. The reduction of the balance sheet may be slower and last for a longer period. (Kinjun)

On April 1st: By the close of the US stock market on Monday, the three major stock indexes opened lower across the board. The Dow initially increased by 1%, the S&P 500 rose by 0.56%, while the Nasdaq decreased by 0.1%. Both Nvidia and Tesla fell by more than 1%, Strategy declined by 0.39%, and Coinbase dropped by 0.98%.

On April 1st, Federal Reserve's Williams indicated that there truly exists a risk of inflation being higher than the Fed's forecast. I anticipate that inflation will remain relatively steady this year; however, there is an upward risk. I will not make a prediction regarding the possibility of an economic recession; at present, the economy is extremely robust with the assistance of a strong job market. The Fed will not permit high inflation to "take hold." There is currently no stagflation in the economy. Economic growth is expected to persist, but at a slower rate compared to last year. Long-term inflation expectations have reached a state of stability. The natural next step for the Fed is to slow down the reduction of its balance sheet. (FXStreet)

On April 1st, the White House Press Secretary, Levitt, announced that US President Trump will make an announcement regarding his reciprocal tariff policy at an event in the White House Rose Garden on Wednesday. Levitt stated that Trump's statement will mainly center around "nation-based" tariffs, but he also "promised" to implement industry tariffs at another time. Levitt said that Trump's cabinet members will attend the announcement ceremony. Levitt said, "The President will announce a tariff plan that will reverse decades of unfair trade practices that have taken advantage of our country." "Now is the time for reciprocity. It is time for the President to make historic changes and do the right thing for the American people." (Golden Finance)

On April 1st, the White House Press Secretary, Levitt, declared that on Wednesday, the Cabinet would attend the Rose Garden event related to Trump's tariff plan. When queried about tariff exemptions for farmers, he indicated that there are currently no such exemptions. Levitt also mentioned that Trump had asserted his determination to implement industry tariffs. (FX168)