April 15, 2025 7:04 am
Spot Gold held in proximity to an all-time high of $3,245.42 per troy ounce on Tuesday amid ongoing uncertainty regarding the Trump administration’s tariff plans. The US is conducting probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both segments, as extensive dependence on foreign production of medicine […]
Read moreApril 14, 2025 8:28 am
Spot Silver eased from a fresh 1 1/2-week high of $32.30 on Monday, after the White House announced smartphones and other electronics would be excluded from the reciprocal tariffs against China, which lifted market sentiment. The Chinese Commerce Ministry welcomed the exemptions as a “small step.” Yet, subsequent clarifications revealed those imports might still be […]
Read moreApril 14, 2025 7:01 am
Spot Gold eased from a fresh all-time high of $3,245.42 per troy ounce on Monday, after the White House announced certain exclusions from the reciprocal tariffs. Yet, US President Trump said over the weekend that the exemption of smartphones and computers from the reciprocal tariffs on China would be short-lived. “Softer U.S. dollar has been […]
Read moreApril 13, 2025 3:36 pm
The GBP/NOK currency pair settled below recent high of 14.1157, its strongest level since March 5th, after stronger-than-expected UK GDP growth and Norway’s CPI data. The UK economy grew 0.5% month-over-month in February, following zero growth in January. It has been the strongest monthly GDP increase since March 2024. Market consensus had pointed to a […]
Read moreApril 13, 2025 11:19 am
The GBP/SEK currency pair settled above recent low of 12.5379, its weakest level since March 2nd 2023, after stronger-than-expected UK GDP growth and Sweden’s final CPI data. The UK economy grew 0.5% month-over-month in February, following zero growth in January. It has been the strongest monthly GDP increase since March 2024. Market consensus had pointed […]
Read moreApril 13, 2025 7:29 am
The USD/NOK currency pair settled below recent high of 11.0564, its strongest level since March 5th, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, weighing on the greenback. The US Dollar losses across the board came after the latest developments on the […]
Read moreApril 12, 2025 3:36 pm
The GBP/USD currency pair settled below Friday’s high of 1.3144, its strongest level since April 3rd, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, weighing on the greenback. At the same time, stronger-than-expected UK GDP growth data provided support to the Sterling. […]
Read moreApril 12, 2025 12:51 pm
The USD/JPY currency pair settled above Friday’s low of 142.048, its weakest level since September 30th 2024, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, triggering bond market sell-off and supporting traditional safe haven currencies such as the Japanese Yen. The US […]
Read moreApril 12, 2025 11:28 am
The USD/SGD currency pair settled above Friday’s low of 1.3159, its weakest level since November 6th 2024, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, weighing on the greenback. The US Dollar losses across the board came after the latest developments on […]
Read moreApril 12, 2025 7:50 am
The USD/CHF currency pair settled above Friday’s low of 0.8098, its weakest level since September 6th 2011, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, triggering stock and bond market sell-off and supporting traditional safe haven currencies such as the Swiss Franc. […]
Read more
