Articles by: Miroslav Marinoff

Spot Gold surges to highs not seen since October 21

Spot Gold extended gains to a fresh 7 1/2-week high of $4,293.09/oz. on Friday, underpinned by expectations of further policy easing by the Federal Reserve. New signs of US labor market softness only added to prospects of two Fed interest rate cuts next year. US initial jobless claims rose by 44,000 to 236,000 during the […] Read more

Gold extends gains as Fed delivers rate cut in divided vote

Spot Gold extended gains on Thursday, as the Federal Reserve delivered a largely anticipated rate cut. Yet, the central bank noted it would wait for clearer signs on a cooling job market and inflation, which “remains somewhat elevated”. The Fed lowered its federal funds rate target range by 25 basis points to 3.50%-3.75% at its […] Read more

USD/CHF eases from 2-week high, eyes on Fed and SNB

The USD/CHF currency pair pulled back from a 2-week high of 0.8085 on Wednesday ahead of the outcome of the Federal Reserve’s and the Swiss National Bank’s policy meetings. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve […] Read more

Spot Silver extends record run with focus on FOMC

Spot Silver scaled a fresh record high of $61.61/oz. on Wednesday, as investors braced for the outcome of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve cut interest rates by 25 […] Read more

USD/SEK hovers above 11-week low, focus on Fed meeting

The USD/SEK currency pair was hovering above an 11-week low of 9.3380 on Tuesday ahead of the outcome of the Federal Reserve’s policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve cut interest rates by 25 […] Read more

USD/NOK confined in narrow range ahead of Fed verdict

The USD/NOK currency pair was stuck within a narrow daily range on Tuesday ahead of the outcome of the Federal Reserve’s policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve cut interest rates by 25 basis […] Read more

USD/CAD hovers above 11-week low, eyes on Fed and BoC

The USD/CAD currency pair was hovering above an 11-week low of 1.3800 on Tuesday ahead of the outcome of the Federal Reserve’s and the Bank of Canada’s policy meetings. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve […] Read more

Spot Gold holds near $4,200/oz. as focus sets on FOMC

Spot Gold held just below the $4,200 mark on Tuesday, as investors braced for the outcome of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve cut interest rates by 25 basis […] Read more

Spot Silver holds near record level with focus on Fed

Spot Silver held in proximity to a record high of $59.33/oz. on Monday ahead of the Federal Reserve’s final policy meeting for this year, where a rate cut is largely expected. Annual PCE inflation in the US has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% in August. That […] Read more

Spot Gold stays near six-week high ahead of Fed meeting

Spot Gold edged up on Monday, while holding not far from a six-week peak of $4,264.70/oz. ahead of the Federal Reserve’s final policy meeting for this year, where a rate cut is largely expected. Annual PCE inflation in the US has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% […] Read more