June 5, 2025 9:00 am
Spot Silver held close to a 32-week high of $34.79 on Thursday, as rising economic uncertainty underpinned safe-haven assets. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. The data added to expectations that the […]
Read moreJune 5, 2025 6:58 am
Spot Gold held in proximity to a 1-month high of $3,392.30 per troy ounce on Thursday, as market players continued to grapple with rising economic uncertainty. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. […]
Read moreJune 4, 2025 4:22 pm
The EUR/SEK currency pair held near a 1-month high of 10.9695 on Wednesday, as investors braced for the outcome of the European Central Bank’s policy-setting meeting. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points to 2.15% at its June 5th policy meeting. And, the ECB […]
Read moreJune 4, 2025 1:20 pm
The EUR/AUD currency pair has pulled back from a 1-month high of 1.7707 ahead of the outcome of the European Central Bank’s policy meeting and as slower Australian GDP growth in Q1 bolstered July rate cut bets. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points […]
Read moreJune 4, 2025 10:08 am
The EUR/CAD currency pair held not far from last week’s low of 1.5534, its weakest level since May 13th, as investors braced for the outcome of the European Central Bank’s and the Bank of Canada’s policy meetings. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points […]
Read moreJune 4, 2025 8:13 am
The CAD/NOK currency pair remained stuck within a tight daily range on Wednesday, as investors braced for the outcome of the Bank of Canada’s policy meeting later in the day. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.75% at its June 4th policy meeting. In April, the BoC […]
Read moreJune 4, 2025 6:41 am
The CAD/SEK currency pair held in proximity to a 1-week high of 7.0256 on Wednesday, as investors braced for the outcome of the Bank of Canada’s policy meeting later in the day. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.75% at its June 4th policy meeting. In April, […]
Read moreJune 3, 2025 7:35 am
Spot Gold held in proximity to a fresh 1-month high of $3,392.30 per troy ounce on Tuesday, as escalating trade and geopolitical tensions kept safe-haven assets underpinned. US President Donald Trump threatened to double existing tariffs on imports of steel and aluminum from 25% to 50%, taking effect on June 4th, reigniting tensions with trade […]
Read moreJune 2, 2025 10:04 am
Spot Silver scaled a 1 1/2-week high of $33.57 on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the white metal. The US Dollar Index was last down 0.71% to 98.740. A weaker US Dollar makes dollar-priced Silver […]
Read moreJune 2, 2025 7:16 am
Spot Gold rose more than 1.5% on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the yellow metal. The US Dollar Index was last down 0.51% to 98.940. A weaker dollar makes dollar-priced Gold more appealing to international […]
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