July 22, 2025 7:57 am
Spot Gold traded in proximity to a fresh 5-week peak of $3,402.86 on Tuesday, as the US Dollar and Treasury yields dropped, while market players were looking for signs of progress in trade discussions. The EU is exploring a set of possible countermeasures against the US, as prospects for an acceptable trade deal with Washington […]
Read moreJuly 21, 2025 9:23 am
Spot Silver scaled a fresh one-week high of $38.49 on Monday, as market players continued to fret over US trade policy. US Commerce Secretary Howard Lutnick said over the weekend that August 1st was the firm deadline for countries to start paying the so called reciprocal tariffs. He also stated that discussions could continue beyond […]
Read moreJuly 21, 2025 7:11 am
Spot Gold extended gains on Monday, as market players continued to fret over US trade policy. US Commerce Secretary Howard Lutnick said over the weekend that August 1st was the firm deadline for countries to start paying the so called reciprocal tariffs. He also stated that discussions could continue beyond that particular date. Lutnick noted […]
Read moreJuly 19, 2025 5:09 pm
The USD/MYR currency pair settled below recent high of 4.2580, its strongest level since June 24th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 19, 2025 1:03 pm
The USD/CHF currency pair settled below recent high of 0.8064, its strongest level since June 25th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 19, 2025 8:40 am
The USD/NOK currency pair settled below recent high of 10.3464, its strongest level since May 19th, in the wake of solid US macro data. US retail sales growth was stronger than expected in June, 0.6% month-over-month, while initial jobless claims dropped more than expected in the week ended July 12th. Annual CPI inflation accelerated to […]
Read moreJuly 18, 2025 8:04 am
Spot Gold was poised to register a weekly loss, as the US Dollar was set for a second straight weekly advance in the wake of solid US macro data. The US Dollar Index held not far from a one-month high and was last down 0.15% to 98.467. The DXY has risen 0.61% so far this […]
Read moreJuly 17, 2025 8:47 am
Spot Silver edged down on Thursday, pressured by a firmer US Dollar and as market tensions eased after US President Trump said it was “highly unlikely” that he would fire Federal Reserve Chair Jerome Powell. Yesterday Trump said that he was not planning to dismiss Powell, but kept the door open to that possibility. Trump […]
Read moreJuly 17, 2025 7:15 am
Spot Gold retreated on Thursday, weighed down by a firmer US Dollar and as market tensions eased after US President Trump said it was “highly unlikely” that he would fire Federal Reserve Chair Jerome Powell. Yesterday Trump said that he was not planning to dismiss Powell, but kept the door open to that possibility. Trump […]
Read moreJuly 16, 2025 10:54 am
The USD/ZAR currency pair was mostly flat on Wednesday, not far from last Friday’s 2 1/2-week high of 17.9734, ahead of South Africa’s retail sales report for May, which may provide more clues on the health of the local economy. Yesterday data by Statistics South Africa showed mining output grew 0.2% year-on-year in May, after […]
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