July 19, 2025 1:03 pm
The USD/CHF currency pair settled below recent high of 0.8064, its strongest level since June 25th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 19, 2025 8:40 am
The USD/NOK currency pair settled below recent high of 10.3464, its strongest level since May 19th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 18, 2025 8:04 am
Spot Gold was poised to register a weekly loss, as the US Dollar was set for a second straight weekly advance in the wake of solid US macro data. The US Dollar Index held not far from a one-month high and was last down 0.15% to 98.467. The DXY has risen 0.61% so far this […]
Read moreJuly 17, 2025 8:47 am
Spot Silver edged down on Thursday, pressured by a firmer US Dollar and as market tensions eased after US President Trump said it was “highly unlikely” that he would fire Federal Reserve Chair Jerome Powell. Yesterday Trump said that he was not planning to dismiss Powell, but kept the door open to that possibility. Trump […]
Read moreJuly 17, 2025 7:15 am
Spot Gold retreated on Thursday, weighed down by a firmer US Dollar and as market tensions eased after US President Trump said it was “highly unlikely” that he would fire Federal Reserve Chair Jerome Powell. Yesterday Trump said that he was not planning to dismiss Powell, but kept the door open to that possibility. Trump […]
Read moreJuly 16, 2025 10:54 am
The USD/ZAR currency pair was mostly flat on Wednesday, not far from last Friday’s 2 1/2-week high of 17.9734, ahead of South Africa’s retail sales report for May, which may provide more clues on the health of the local economy. Yesterday data by Statistics South Africa showed mining output grew 0.2% year-on-year in May, after […]
Read moreJuly 16, 2025 10:03 am
Spot Silver rebounded on Wednesday, snapping a two-day streak of losses, as the US Dollar eased from recent peak, after data revealed a surge in US consumer prices in June, while market players awaited more clarity on US trade policy. Annual CPI inflation in the US accelerated to 2.7% in June, or the highest rate […]
Read moreJuly 16, 2025 7:07 am
Spot Gold gained on Wednesday, snapping a two-day streak of losses, after data revealed a surge in US consumer prices in June, while market players awaited more clarity on US trade policy. Annual CPI inflation in the US accelerated to 2.7% in June, or the highest rate since February, from 2.4% in May. And, annual […]
Read moreJuly 14, 2025 1:34 pm
Spot Silver scaled a fresh high not seen since September 2011 (at $39.13), after fresh tariff threats by US President Donald Trump, which spurred demand for safe-haven assets. He threatened over the weekend to impose a 30% tariff on imports originating from Mexico and the European Union, beginning on August 1st, as trade negotiations failed […]
Read moreJuly 14, 2025 8:04 am
Spot Gold scaled a three-week peak of $3,375.08 on Monday, after fresh tariff threats by US President Donald Trump, which spurred demand for safe-haven assets. He threatened over the weekend to impose a 30% tariff on imports originating from Mexico and the European Union, beginning on August 1st, as trade negotiations failed to produce a […]
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