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USD/NOK settles below 3-week high, posts weekly loss

June 29, 2025 3:37 pm
The USD/NOK currency pair settled below recent high of 10.2021, its strongest level since June 2nd, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Annual core PCE inflation in the US picked up to 2.7% in May from a revised up 2.6% […] Read more

USD/SEK settles above 2-week low, posts weekly loss

June 29, 2025 12:28 pm
The USD/SEK currency pair settled above recent low of 9.4133, its weakest level since June 13th, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Annual core PCE inflation in the US picked up to 2.7% in May from a revised up 2.6% […] Read more

USD/MXN settles above 10-month low, posts weekly loss

June 29, 2025 10:35 am
The USD/MXN currency pair settled above Friday’s low of 18.7992, its weakest level since August 20th 2024, in the wake of the Mexican central bank’s policy decision, while investors wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated. Banco de México cut its key policy rate […] Read more

EUR/MXN settles below 6 1/2-week high, posts weekly loss

June 28, 2025 5:42 pm
The EUR/MXN currency pair settled below recent high of 22.1890, its strongest level since May 8th, in the wake of the Mexican central bank’s policy decision and after the release of French and Spanish inflation figures. Banco de México cut its key policy rate by 50 basis points to 8% at its June meeting, with […] Read more

EUR/NOK settles below 8-week high, posts weekly gain

June 28, 2025 12:50 pm
The EUR/NOK currency pair settled below recent high of 11.8392, its strongest level since April 30th, after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked up to 0.9% in June, preliminary data showed, from 0.7% in May (the lowest rate since February 2021). Spain’s annual CPI inflation picked […] Read more

EUR/SEK settles below 10-week high, posts weekly loss

June 28, 2025 10:26 am
The EUR/SEK currency pair settled below recent high of 11.1777, its strongest level since April 16th, after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked up to 0.9% in June, preliminary data showed, from 0.7% in May (the lowest rate since February 2021). Spain’s annual CPI inflation picked […] Read more

EUR/USD settles below 45-month high, posts weekly gain

June 28, 2025 8:36 am
The EUR/USD currency pair settled below Friday’s high of 1.1754, its strongest level since September 22nd 2021, as market players wagered that the Federal Reserve would likely lower interest rates more times and probably sooner than previously anticipated and after French and Spanish inflation figures for June outpaced market consensus. France’s annual consumer inflation picked […] Read more

Silver eases from 1-week high, but heads for weekly gain

June 27, 2025 9:01 am
Spot Silver pulled back from a 1-week high of $36.84 per troy ounce on Friday, pressured by stronger-than-anticipated US macro data, which dampened Fed rate cut expectations. Durable goods orders grew at the fastest monthly rate since July 2014 in May, 16.4%, while the number of people who filed for unemployment benefits last week dropped […] Read more

Spot Gold plunges to 1-month low, US PCE data eyed

June 27, 2025 6:53 am
Spot Gold plumbed a fresh 1-month low of $3,289.33 per troy ounce on Friday, dragged down by stronger-than-anticipated US macro data, which dampened Fed rate cut expectations. Durable goods orders grew at the fastest monthly rate since July 2014 in May, 16.4%, while the number of people who filed for unemployment benefits last week dropped […] Read more

Spot Silver holds near 1-week high as USD weakens

June 26, 2025 8:52 am
Spot Silver held near a 1-week high of $36.42 per troy ounce on Thursday, supported by a weaker dollar and lower Treasury yields. The US Dollar Index was last down 0.71% to 97.017. A softer dollar makes dollar-priced Silver more appealing to international investors holding other currencies. Market players were now expecting the key US […] Read more