In the wake of President Trump’s speech on April 4, the AUD/USD, NZD/USD, and USD/JPY pairs faced heightened volatility. Traders are reacting to recession fears and potential rate cuts that could reshape the forex landscape. The implications of these developments continue to ripple through the market, prompting significant movement and shifts in trader strategies. Investors should remain vigilant as further economic indicators and political decisions may precipitate additional fluctuations in these currency pairs.