June 22, 2025 11:18 am
The USD/NOK currency pair settled above recent low of 9.8548, its weakest level since January 30th 2023, in the wake of Norges Bank’s and the Federal Reserve’s policy decisions. Norges Bank lowered its key policy rate by 25 basis points to 4.25% at its June meeting, confounding market consensus of a hold. The central bank […]
Read moreJune 22, 2025 8:49 am
The GBP/NOK currency pair settled above recent low of 13.3303, its weakest level since June 21st 2024, in the wake of Norges Bank’s and the Bank of England’s policy decisions. Norges Bank lowered its key policy rate by 25 basis points to 4.25% at its June meeting, confounding market consensus of a hold. The central […]
Read moreJune 22, 2025 7:55 am
The SEK/NOK currency pair settled above recent low of 1.0330, its weakest level since February 13th, in the wake of Riksbank’s and Norges Bank’s policy decisions. Sweden’s Riksbank lowered its key policy rate by 25 basis points to 2% at its June meeting, in line with market consensus. The central bank highlighted slowing economic recovery […]
Read moreJune 21, 2025 1:36 pm
The GBP/SEK currency pair settled below Friday’s high of 13.0618, its strongest level since May 27th, in the wake of Riksbank’s and the Bank of England’s policy decisions. Sweden’s Riksbank lowered its key policy rate by 25 basis points to 2% at its June meeting, in line with market consensus. The central bank highlighted slowing […]
Read moreJune 21, 2025 8:36 am
The GBP/USD currency pair settled above recent low of 1.3382, its weakest level since May 21st, in the wake of the Federal Reserve’s and the Bank of England’s policy decisions. The Fed kept its federal funds rate target range without change at 4.25%-4.50% at its June meeting, in line with market consensus. Fed policy makers […]
Read moreJune 20, 2025 9:29 am
Spot Gold was poised to record a weekly loss, as a stronger US Dollar and the prospect of fewer interest rate cuts by the Federal Reserve weighed on the metal. The greenback looked set to register its biggest weekly advance in more than one month. The US Dollar Index was last down 0.14% to 98.642, […]
Read moreJune 19, 2025 10:12 am
Spot Silver pulled back from a fresh 13-year high of $37.31 on Thursday, after the Federal Reserve signaled slower monetary easing. However, the Israel-Iran conflict has now entered its seventh day, supporting demand for safe-haven assets. Iran’s Supreme Leader rejected US President Trump’s call for unconditional surrender, which triggered mass evacuations from Tehran amid more […]
Read moreJune 19, 2025 7:27 am
Spot Gold was holding near the $3,350 mark on Thursday, after the Federal Reserve flagged two potential interest rate cuts by the end of 2025 and as the Israel-Iran conflict has now entered its seventh day, supporting safe-haven demand. Iran’s Supreme Leader rejected US President Trump’s call for unconditional surrender, which triggered mass evacuations from […]
Read moreJune 18, 2025 1:49 pm
The GBP/CHF currency pair held not far from 1-month low of 1.0929 on Wednesday, as investors braced for the outcome of the Bank of England’s and the Swiss National Bank’s policy meetings. The Bank of England is expected to maintain its benchmark interest rate at 4.25% at its June 19th meeting. In May, the BoE […]
Read moreJune 18, 2025 10:54 am
The CHF/NOK currency pair hovered above a 10 1/2-week low of 12.1160 on Wednesday, as investors braced for the outcome of Norges Bank’s and the Swiss National Bank’s policy meetings. Norges Bank is expected to keep its key policy rate on hold at 4.5% for the 12th straight meeting on June 19th. The central bank […]
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