August 9, 2025 10:24 am
The GBP/CHF currency pair settled below Friday’s high of 1.0876, its strongest level since July 2nd, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 8, 2025 7:44 am
Gold futures for December delivery scaled a fresh record high of $3,534.10/oz. on Friday, following media reports that the United States had imposed tariffs on imports of 1-kilo gold bars. A report by the Financial Times, which cited a letter from Customs and Border Protection, stated that 1-kg and 100-ounce gold bars should be classified […]
Read moreAugust 7, 2025 10:58 am
The GBP/NOK currency pair hovered above a 7-week low of 13.5380 on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […]
Read moreAugust 7, 2025 8:14 am
The GBP/SEK currency pair was stuck within a narrow daily range on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […]
Read moreAugust 6, 2025 11:36 am
Spot Silver held close to a 1-week peak of $37.90 on Wednesday, underpinned by expectations of a more dovish US monetary policy stance and as investors awaited US President Donald Trump’s appointments to the Federal Reserve. Yesterday US President Trump said he would soon announce a short-term replacement for Fed Governor Adriana Kugler, who resigned […]
Read moreAugust 6, 2025 8:03 am
Spot Gold held not far from a nearly 2-week high of $3,390.60 on Wednesday, underpinned by expectations of a more dovish US monetary policy stance and as investors awaited US President Donald Trump’s appointments to the Federal Reserve. Yesterday US President Trump said he would soon announce a short-term replacement for Fed Governor Adriana Kugler, […]
Read moreAugust 5, 2025 9:22 am
Spot Silver held gains from the prior two trading days on Tuesday, supported by rising expectations of a Fed rate cut next month. US job growth slowed sharply in July, raising concerns over the US economic outlook. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, while […]
Read moreAugust 5, 2025 6:55 am
Spot Gold held near a 1 1/2-week high of $3,385.53 on Tuesday, supported by rising expectations of a Fed rate cut next month. US job growth slowed sharply in July, raising concerns over the US economic outlook. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, while […]
Read moreAugust 4, 2025 11:07 am
The CAD/SEK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Sweden’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […]
Read moreAugust 4, 2025 9:23 am
The CAD/NOK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Norway’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […]
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