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Gold holds near 2-week high on ME optimism, US NFP ahead

May 8, 2026 7:23 am
Spot Gold traded not far from a 2-week high on Friday amid optimism the US and Iran may be nearing a peace deal. This has, to an extent, eased concerns over elevated inflation and prolonged period of high interest rates. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put […] Read more

USD/ZAR: Rand rises to 2 1/2-week high on ME peace prospects

May 7, 2026 10:16 am
The USD/ZAR currency pair hovered above a 2 1/2-week low of 16.2596 on Thursday, as optimism the US and Iran may be moving closer to a peace deal boosted investor risk appetite. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put an end to the confrontation in the Gulf, […] Read more

Silver surges to 2-week high on US-Iran peace hopes

May 7, 2026 8:44 am
Spot Silver extended gains to a fresh 2-week high on Thursday amid optimism the US and Iran may be moving closer to a peace deal. This has led to a significant drop in oil prices and eased concerns over elevated inflation. Media reports stated that Washington and Tehran were working towards a one-page memorandum to […] Read more

Spot Gold hits over 1-week high on ME peace deal prospects

May 7, 2026 6:56 am
Spot Gold held near a more than 1-week high on Thursday amid optimism the US and Iran may be moving closer to a peace deal. This has led to a drop in oil prices and eased concerns over elevated inflation. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put […] Read more

AUD/CAD edges lower despite RBA rate hike

May 5, 2026 11:09 am
The AUD/CAD currency pair edged lower on Tuesday, as the Australian Dollar demonstrated a muted reaction to the Reserve Bank of Australia’s latest policy decision. The RBA raised its official cash rate by 25 basis points to 4.35% at its May meeting, in line with market expectations. Eight members backed the hike, while one policy […] Read more

Spot Silver stages rebound after over 3% slide

May 5, 2026 8:53 am
Spot Silver rebounded after a steep loss recorded on Monday, but elevated oil prices kept inflation concerns alive and reinforced expectations of more hawkish central bank policy settings. The uneasy ceasefire between the United States and Iran is under severe strain following a sharp flare-up of violence in the Persian Gulf on Monday. According to […] Read more

Spot Gold rebounds from five-week low, but upside capped

May 5, 2026 6:54 am
Spot Gold bounced off a five-week trough hit on Monday, but elevated oil prices kept inflation concerns alive and reinforced expectations of more hawkish central bank policy settings. The uneasy ceasefire between the United States and Iran is under severe strain following a sharp flare-up of violence in the Persian Gulf on Monday. According to […] Read more

AUD/NOK retreats ahead of RBA monetary policy move

May 4, 2026 12:25 pm
The AUD/NOK currency pair lost ground on Monday, snapping a two-day string of gains, ahead of the outcome of the Reserve Bank of Australia’s policy meeting. The Reserve Bank of Australia is expected to raise its cash rate by 25 basis points to 4.35% at its May 5th meeting. It would be the RBA’s third […] Read more

AUD/NZD holds close to highs last seen in April 2013

May 4, 2026 10:08 am
The AUD/NZD currency pair held in proximity to a 13-year high of 1.2234 on Monday ahead of the outcome of the Reserve Bank of Australia’s policy meeting. The Reserve Bank of Australia is expected to raise its cash rate by 25 basis points to 4.35% at its May 5th meeting. It would be the RBA’s […] Read more

AUD/SEK holds near 14-month high ahead of RBA policy call

May 4, 2026 7:00 am
The AUD/SEK currency pair held in proximity to a 14-month high of 6.6585 on Monday ahead of the outcome of the Reserve Bank of Australia’s policy meeting. The Reserve Bank of Australia is expected to raise its cash rate by 25 basis points to 4.35% at its May 5th meeting. It would be the RBA’s […] Read more