May 7, 2025 10:06 am
Spot Silver pulled back from a 1-week high of $33.25 on Wednesday, since optimism over potential US-China trade negotiations heightened investor risk appetite, while weighing on safe-haven assets. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent […]
Read moreMay 7, 2025 7:30 am
Spot Gold eased from a 2-week high of $3,435 per troy ounce on Wednesday, since optimism over potential US-China trade negotiations pared the metal’s safe haven appeal. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent comments […]
Read moreMay 6, 2025 8:44 am
Spot Gold registered a fresh 2-week high of $3,387 per troy ounce on Tuesday, as the Trump administration opened a new front in the trade war, fueling demand for safe-haven assets. US President Donald Trump on Sunday greenlit a new 100% tariff on movies not produced in the United States. Labeling foreign support for film […]
Read moreMay 5, 2025 11:06 am
Spot Silver surged more than 1% on Monday, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the white metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike a deal, but yet, no […]
Read moreMay 5, 2025 8:29 am
Spot Gold rose on Monday, recouping part of the losses from last week, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the yellow metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike […]
Read moreMay 4, 2025 2:56 pm
The EUR/SEK currency pair settled above Friday’s low of 10.8870, its weakest level since April 25th, as investors digested stronger-than-expected CPI inflation data out of the Euro Area and robust Swedish manufacturing numbers. Preliminary data by Eurostat showed that annual consumer price inflation in the Euro Area had remained stable at 2.2% in April, outpacing […]
Read moreMay 4, 2025 11:57 am
The USD/SEK currency pair settled below recent high of 9.7816, its strongest level since April 17th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 4, 2025 8:57 am
The USD/NOK currency pair settled above Friday’s low of 10.2960, its weakest level since April 22nd, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 4:33 pm
The USD/JPY currency pair settled below Friday’s high of 145.923, its strongest level since April 10th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 1:12 pm
The EUR/GBP currency pair settled above recent low of 0.8479, its weakest level since April 7th, as the Euro drew support from stronger-than-expected CPI inflation data out of the Euro Area. Preliminary data by Eurostat showed that annual consumer price inflation in the Euro Area had remained stable at 2.2% in April, outpacing market consensus […]
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