May 3, 2025 11:25 am
The GBP/USD currency pair settled above Friday’s low of 1.3259, its weakest level since April 24th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 3, 2025 8:27 am
The EUR/USD currency pair settled above recent low of 1.1265, its weakest level since April 15th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 2, 2025 8:58 am
Spot Silver bounced off a 3-week low of $31.67 per troy ounce on Friday, as investors braced for the US Non-Farm Payrolls report later in the day for more insight into macroeconomic conditions and the Fed’s future interest rate path. Employers in all sectors of the US economy, excluding farming, probably added 130,000 job positions […]
Read moreMay 2, 2025 7:00 am
Spot Gold hovered above a 2 1/2-week low of $3,201.95 on Friday, as investors braced for the US Non-Farm Payrolls report later in the day for more insight into macroeconomic conditions and the Fed’s future interest rate path. Employers in all sectors of the US economy, excluding farming, probably added 130,000 job positions in April, […]
Read moreApril 30, 2025 9:28 am
Spot Silver slid to a fresh 1-week low of $32.34 per troy ounce on Wednesday, as abating concerns over the US tariff impact reduced demand for safe-haven metals. The Trump administration intends to ease levies on foreign parts used in US-made vehicles and prevent overlapping duties on imported autos. Also, US Commerce Secretary Howard Lutnick […]
Read moreApril 30, 2025 7:30 am
Spot Gold extended losses on Wednesday, holding just above the $3,300 mark, as abating concerns over the US tariff impact reduced the safe haven appeal of the metal. The Trump administration intends to ease levies on foreign parts used in US-made vehicles and prevent overlapping duties on imported autos. Also, US Commerce Secretary Howard Lutnick […]
Read moreApril 29, 2025 10:39 am
The USD/SGD currency pair hovered above a 1-week low of 1.3060 on Tuesday, as the Singapore Dollar advanced, tracking gains in other Asian currencies, after the Trump administration signaled a potential rollback of auto tariffs. The US intends to ease levies on foreign parts used in US-made vehicles and prevent overlapping duties on imported autos. […]
Read moreApril 29, 2025 8:40 am
Spot Silver has steadied near the $33.00 mark after recent pullback, as market players sought more clarity on US-China trade relations. US Treasury Secretary Scott Bessent said yesterday that many key US trade partners had made “very good” proposals to avert new tariffs. Also, China’s decision to exempt some US goods from its retaliatory tariffs […]
Read moreApril 29, 2025 7:01 am
Spot Gold edged lower on Tuesday, holding below the $3,350 mark, as market players continued to pay attention to tariff negotiations at the start of a data-laden week. US Treasury Secretary Scott Bessent said yesterday that many key US trade partners had made “very good” proposals to avert new tariffs. Also, China’s decision to exempt […]
Read moreApril 28, 2025 8:32 am
Spot Silver extended a pullback from recent 3-week high of $33.68 on Monday, as easing trade tensions between the US and China reduced the safe haven appeal of the metal. A firmer US Dollar was also weighing on the commodity. The partial rollback of tariffs on some US imports by China was perceived as a […]
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