June 12, 2025 8:35 am
Spot Silver pulled back from a 13-year high of $36.88 as a result of a probable technical correction. The 14-day Relative Strength Index (RSI) has indicated that Silver prices rose quite much for a too short period of time (overbought conditions, with index readings above the 70.00 threshold). This prompted investors to look for a […]
Read moreJune 12, 2025 6:19 am
Spot Gold extended gains on Thursday, as heightened US-Iran tensions drove demand for traditional safe-haven assets, while softer US CPI inflation added to expectations of Fed rate cuts. The US government ordered the departure of embassy personnel from Baghdad after Iran said it might launch an attack on US bases in case negotiations regarding its […]
Read moreJune 11, 2025 7:50 am
Spot Gold rose 0.5% on Wednesday, while holding above the $3,300 mark, as uncertainty over the finalization of a trade deal between the US and China spurred safe-haven demand. As per comments by US and Chinese officials, both parties established a framework that is set to revive the trade truce. As part of the deal, […]
Read moreJune 10, 2025 7:44 am
Spot Gold was mostly stable on Tuesday, as investors were on watch for further developments in regard to trade talks between the US and China. Communication between the two countries appears constructive, as President Donald Trump has stated that he had “a very good phone call with President Xi Jinping” during which they discussed details […]
Read moreJune 9, 2025 9:04 am
Spot Silver held close to a fresh 13-year high of $36.44 on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will helm their respective delegations in the […]
Read moreJune 9, 2025 7:23 am
Spot Gold hovered just above a 1-week low of $3,293.50 per troy ounce on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, top negotiators from the US and China are expected to meet in London later on Monday. […]
Read moreJune 8, 2025 5:09 pm
The EUR/GBP currency pair settled below recent high of 0.8449, its strongest level since May 21st, in the wake of the European Central Bank’s policy decision. The ECB lowered all three of its benchmark interest rates by 25 basis points: – the main refinancing operations rate to 2.15%; – the deposit facility rate to 2.00%; […]
Read moreJune 8, 2025 11:53 am
The EUR/SEK currency pair settled below Friday’s high of 10.9945, its strongest level since May 2nd, in the wake of the European Central Bank’s policy decision. The ECB lowered all three of its benchmark interest rates by 25 basis points: – the main refinancing operations rate to 2.15%; – the deposit facility rate to 2.00%; […]
Read moreJune 8, 2025 8:14 am
The USD/SEK currency pair settled below Friday’s high of 9.6527, its strongest level since May 29th, as US job market resilience tempered Fed rate cut expectations. Employers in the United States added 139,000 jobs in May, representing a slight pullback from April’s downwardly revised growth of 147,000 positions. The latest figure came in ahead of […]
Read moreJune 7, 2025 5:13 pm
The EUR/CAD currency pair settled above Friday’s low of 1.5572, its weakest level since May 29th, in the wake of the European Central Bank’s and the Bank of Canada’s policy decisions. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its June 4th policy meeting, in line with market consensus. This […]
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