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Silver rises to 1 1/2-week high on renewed tariff tensions

June 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 more

Spot Gold surges over 1% on fresh US tariff threats

June 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 […] Read more

NZD/NOK settles below 1-week high, posts weekly gain

June 1, 2025 5:07 pm
The NZD/NOK currency pair settled below recent high of 6.1075, its strongest level since May 20th, in the wake of the RBNZ’s policy decision. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This way, borrowing costs were […] Read more

NZD/SEK settles below 2-week high, posts weekly gain

May 31, 2025 5:27 pm
The NZD/SEK currency pair settled below recent high of 5.7837, its strongest level since May 14th, in the wake of the RBNZ’s policy decision and Swedish GDP data. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This […] Read more

EUR/NZD settles above 2-week low, posts weekly gain

May 31, 2025 12:16 pm
The EUR/NZD currency pair settled above recent low of 1.8835, its weakest level since May 14th, in the wake of the RBNZ’s policy decision and as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% […] Read more

EUR/CHF settles below 1-week high, posts weekly gain

May 31, 2025 9:06 am
The EUR/CHF currency pair settled below recent high of 0.9390, its strongest level since May 19th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […] Read more

EUR/SEK settles above 7-week low, posts weekly gain

May 31, 2025 6:27 am
The EUR/SEK currency pair settled above recent low of 10.7874, its weakest level since April 4th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […] Read more

Spot Silver holds above $33.00, set for weekly loss

May 30, 2025 8:26 am
Spot Silver held just above the $33.00 mark on Friday and was on track to register a weekly loss ahead of the release of US PCE inflation figures later in the day. Yesterday the white metal rebounded from a 1-week low of $32.69, after a US federal appeals court issued a temporary halt to a […] Read more

Spot Gold holds near $3,300, set for weekly loss

May 30, 2025 6:29 am
Spot Gold held in proximity to the $3,300 mark on Friday and looked set to register a weekly loss with US PCE inflation figures now in sight. Yesterday the yellow metal rebounded from a 1-week low of $3,245.56, after a federal appeals court allowed the Trump administration’s sweeping tariffs to temporarily remain in effect. A […] Read more

NZD/CHF holds close to a fresh 2-week peak

May 29, 2025 12:46 pm
The NZD/CHF currency pair held not far from a fresh 2-week high of 0.4965 on Thursday in the wake of the RBNZ’s policy decision. In the meantime, the Swiss Franc came under pressure after a key US court decision surrounding the Trump ’s tariff policies, which eased trade-related uncertainty. The Reserve Bank of New Zealand […] Read more