May 11, 2025 11:05 am
The GBP/SEK currency pair settled below Friday’s high of 12.9358, its strongest level since May 2nd, in the wake of the Bank of England’s and Sweden’s Riksbank policy decisions. The Bank of England lowered its benchmark interest rate by 25 basis points to 4.25% at its May policy meeting, in line with market expectations. Two […]
Read moreMay 11, 2025 8:41 am
The GBP/NOK currency pair settled above recent low of 13.6926, its weakest level since May 2nd, in the wake of the Bank of England’s and Norges Bank’s policy decisions. The Bank of England lowered its benchmark interest rate by 25 basis points to 4.25% at its May policy meeting, in line with market expectations. Two […]
Read moreMay 10, 2025 12:12 pm
The USD/NOK currency pair settled below Friday’s high of 10.4591, its strongest level since May 1st, in the wake of the Federal Reserve’s and Norges Bank’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. The US central […]
Read moreMay 10, 2025 10:37 am
The USD/SEK currency pair settled below Friday’s high of 9.7658, its strongest level since May 1st, in the wake of the Federal Reserve’s and Sweden’s Riksbank 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. The US central […]
Read moreMay 10, 2025 8:15 am
The GBP/USD currency pair settled above Friday’s low of 1.3211, its weakest level since April 17th, in the wake of the Federal Reserve’s and the Bank of England’s policy decisions as well as the announcement of a revised trade agreement between the US and the UK. The Fed left its federal funds rate target range […]
Read moreMay 9, 2025 7:23 am
Having slipped to an intraday low of $3,274.38 earlier on Friday, Spot Gold bounced on likely bargain buying ahead of the outcome of the US-China trade negotiations this weekend. Gold’s extended losses came after US President Donald Trump and British Prime Minister Keir Starmer announced a “breakthrough deal”. The 10% tariff on UK imports will […]
Read moreMay 8, 2025 9:56 am
Spot Silver extended a pullback from recent 1-week high of $33.25 on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. US President Donald Trump is poised to unveil a significant trade agreement between the United States and the […]
Read moreMay 8, 2025 8:23 am
Spot Gold extended a pullback from recent 2-week high of $3,435 per troy ounce on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. Market players also awaited the outcome of the US-China trade negotiations in Switzerland this weekend. […]
Read moreMay 7, 2025 1:20 pm
The USD/SEK currency pair hovered above a fresh 2-week low of 9.5361 on Wednesday ahead of the outcome of the Federal Reserve’s and Sweden’s Riksbank policy meetings. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its May 6th-7th meeting. The minutes of the FOMC meeting in […]
Read moreMay 7, 2025 11:21 am
The USD/NOK currency pair traded mostly flat just above a fresh 1-month low of 10.2425 on Wednesday ahead of the outcome of the Federal Reserve’s and Norges Bank’s policy meetings. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its May 6th-7th meeting. The minutes of the […]
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