Articles by: Miroslav Marinoff

Spot Silver surges as Trade Court blocks Trump tariffs

Spot Silver surged almost 1% on Thursday, reversing the loss from the prior trading day and diverging from other precious metals such as Gold amid easing trade-related uncertainty. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have […] Read more

Spot Gold plumbs 1-week low as Trade Court strikes Trump tariffs

Spot Gold hovered above a fresh 1-week low of $3,245.56 on Thursday, as diminished tariff risks undermined safe-haven demand. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have to be vacated and permanently blocked. The Court’s decision […] Read more

NZD/USD rebounds from intraday low, eyes on Fed minutes

The NZD/USD currency pair stabilized around 0.5950 on Wednesday, after earlier plumbing an intraday low of 0.5923, in the wake of the RBNZ’s policy decision and ahead of the FOMC minutes release. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line […] Read more

AUD/NZD hovers above 4-week low after RBNZ, AUS data

The AUD/NZD currency pair hovered above a 4-week low of 1.0777 on Wednesday in the wake of the RBNZ’s policy decision and Australia’s inflation 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 way, borrowing costs […] Read more

Spot Silver holds above $33.00 with focus on FOMC minutes

Spot Silver held above the $33.00 mark on Wednesday, following a loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the white metal retreated over 0.5%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded sharply in May, with […] Read more

Spot Gold steadies near $3,300 ahead of FOMC minutes

Spot Gold held mostly steady near the $3,300 mark on Wednesday, following a steep loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the yellow metal retreated more than 1%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded […] Read more

USD/ZAR rebounds from 5 1/2-month low with focus on SARB

The USD/ZAR currency pair rebounded from a fresh 5 1/2-month low of 17.7807 on Tuesday ahead of the outcome of the South African Reserve Bank’s (SARB) policy decision. The SARB is largely expected to lower its benchmark interest rate by 25 basis points to 7.25% at its May 29th meeting. The central bank paused its […] Read more

Silver plummets over 1% as USD rebounds from 1-month low

Spot Silver retreated more than 1% on Tuesday, tracking losses in other precious metals, as the US Dollar rebounded from a one-month low, while anxiety over the US fiscal outlook persisted. The US Dollar Index bounced off 98.694, a level not seen since April 22nd, being last up 0.40% to 99.323. A firmer dollar makes […] Read more

Spot Gold eases from 2-week high, holds above $3,300

Spot Gold drifted lower on Tuesday, but held not far from a 2-week high of $3,366.00, as soft US Dollar and concerns over the US fiscal outlook were providing support. “At this point, we are seeing some consolidation in gold prices. The market is taking a breather and waiting for the next catalyst,” Kelvin Wong, […] Read more

Silver eases from 1-month high as US extends EU tariff deadline

Spot Silver pulled back from a 1-month high of $33.70 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The white metal rose over 1% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the […] Read more