May 16, 2025 10:39 am
The CHF/NOK currency pair edged lower on Friday, paring gains from the prior trading day, as fading global trade tensions weighed on demand for safe-haven currencies such as the Swiss Franc. Yesterday the exotic Forex pair surged more than 1% after the release of the latest GDP growth data out of both Switzerland and Norway. […]
Read moreMay 16, 2025 8:00 am
Spot Gold retreated on Friday and looked set to register its largest weekly loss since early November 2024, as the US Dollar headed for its fourth straight week of gains and as fading global trade tensions weighed on the safe-haven allure of the metal. The US and China agreed this week to temporarily lower harsh […]
Read moreMay 15, 2025 9:07 am
Spot Silver registered a fresh 1-month low of $31.65 on Thursday, as easing US-China trade tensions weighed on safe-haven demand. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese imports will be reduced from 145% to […]
Read moreMay 15, 2025 6:56 am
Spot Gold extended losses, while plumbing a fresh 5-week low of $3,120.76 on Thursday, as easing US-China trade tensions weighed on the safe-haven allure of the metal. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese […]
Read moreMay 14, 2025 7:14 am
Spot Gold retreated on Wednesday, while erasing the gains from the prior trading day, as easing US-China trade tensions reduced the safe-haven appeal of the metal. According to a White House executive order, the US will reduce the “de minimus” tariff for low-value shipments from China to 30%. US President Trump said on Monday that […]
Read moreMay 13, 2025 9:01 am
Spot Silver rose more than 1.5% on Tuesday, bouncing off a 1 1/2-week low of $31.88, as initial optimism regarding the US-China trade agreement has begun to fade. The white metal lost ground on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade […]
Read moreMay 13, 2025 7:13 am
Spot Gold rebounded from yesterday’s 1 1/2-week low of $3,207.79 on Tuesday, recouping part of Monday’s steep loss, on likely bargain buying. The yellow metal plummeted 2.7% on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade talks in Switzerland over the weekend, […]
Read moreMay 12, 2025 9:07 am
Spot Silver slid to a 1 1/2-week low of $31.88 on Monday, as a breakthrough in US-China trade relations led to an investor move from safe-haven assets toward riskier instruments. During high-profile trade talks in Switzerland over the weekend, US and Chinese officials agreed to significantly lower tariffs, which alleviated global trade tensions. US tariffs […]
Read moreMay 12, 2025 7:17 am
Spot Gold retreated to a one-week low of $3,250.74 on Monday, as optimism regarding the US-China trade negotiations led to an investor move from safe-haven assets toward riskier instruments. The US and China held high-profile trade talks over the weekend, with officials from both countries indicating a positive outcome. Washington highlighted progress toward a deal, […]
Read moreMay 11, 2025 12:51 pm
The USD/MYR currency pair settled below Friday’s high of 4.3220, its strongest level since May 2nd, in the wake of the Federal Reserve’s and the Central Bank of Malaysia’s policy decisions. The Fed left its federal funds rate target range intact at 4.25%-4.50% for a third straight meeting in May, in line with market consensus. […]
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