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Spot Gold eases from 1-week high on profit taking

August 4, 2025 7:13 am
Spot Gold eased from a one-week high of $3,364.81 on Monday, as market players likely took profits after Friday’s over 2% surge. The latter came as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions […] Read more

USD/NOK settles below 10 1/2-week high, posts weekly gain

August 2, 2025 5:50 pm
The USD/NOK currency pair settled below Friday’s high of 10.3657, its strongest level since May 19th, as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, well below estimates of 110,000. Also, June’s […] Read more

USD/SEK settles below 11 1/2-week high, posts weekly gain

August 2, 2025 12:39 pm
The USD/SEK currency pair settled below Friday’s high of 9.8351, its strongest level since May 12th, as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, well below estimates of 110,000. Also, June’s […] Read more

USD/CAD settles below 10-week high, posts weekly gain

August 2, 2025 9:08 am
The USD/CAD currency pair settled below Friday’s high of 1.3879, its strongest level since May 22nd, in the wake of central bank policy decisions and as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions […] Read more

Gold set for weekly loss on USD strength, NFP data ahead

August 1, 2025 7:33 am
Spot Gold was poised to register a weekly loss, as support from US tariff-related uncertainty was overshadowed by a firmer US Dollar. Yesterday US President Trump signed an executive order, under which the US imposed reciprocal tariffs of between 10% and 41% on imports from a number of countries prior to the August 1st trade […] Read more

Silver hovers above 3-week low on cautious Fed

July 31, 2025 9:13 am
Spot Silver hovered above a 3-week low of $36.79 on Thursday, after the Federal Reserve left interest rates on hold and provided little indication of when borrowing costs might be reduced. The Fed kept its federal funds rate target range without change at 4.25%-4.50% at its July meeting, in line with market consensus. Yet, two […] Read more

Spot Gold recovers from 1-month trough of $3,268/oz.

July 31, 2025 7:37 am
Spot Gold recouped part of recent losses on Thursday, holding near the $3,300 mark. Yesterday the yellow metal slid to a 1-month low of $3,268.12, after the Federal Reserve left interest rates on hold and provided little indication of when borrowing costs might be reduced. The Fed kept its federal funds rate target range without […] Read more

USD/CAD holds near 5-week high ahead of Fed, BoC decisions

July 30, 2025 10:49 am
The USD/CAD currency pair held in proximity to a 5-week high of 1.3788 on Wednesday with focus on central bank policy decisions. The Federal Reserve is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its July 29th-30th meeting. US President Trump said last week he held a positive discussion […] Read more

Silver hovers above 2-week low ahead of FOMC decision

July 30, 2025 8:49 am
Spot Silver hovered above a 2-week low of $37.90 on Wednesday, as investors braced for the outcome of the Federal Reserve’s two-day policy-setting meeting. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its July 29th-30th meeting. US President Trump said last week he held a positive […] Read more

CAD/SEK confined in tight range with focus on BoC

July 29, 2025 4:33 pm
The CAD/SEK currency pair remained stuck in narrow range on Tuesday, as investors braced for the outcome of the Bank of Canada’s policy meeting. The BoC is expected to keep its benchmark interest rate intact at 2.75% at its July 30th policy meeting. June’s decision has been the second hold after 225 basis points of […] Read more