April 2, 2025 11:34 am
The EUR/CHF currency pair traded within a narrow daily range on Wednesday ahead of the Swiss CPI inflation data and as traders braced for the implementation of the Trump administration’s new tariffs. Switzerland’s inflation report for March, due out tomorrow, may provide more clues over the SNB’s future rate trajectory. The Swiss National Bank lowered […]
Read moreApril 2, 2025 8:49 am
Spot Silver held above the $33.50 mark on Wednesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White House has confirmed that new tariffs […]
Read moreApril 2, 2025 7:06 am
Spot Gold held within striking distance of yesterday’s record high of $3,148.88 per troy ounce on Wednesday ahead of the Trump administration’s reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White […]
Read moreApril 1, 2025 8:48 am
Spot Silver held not far from recent 22-week high of $34.59 per troy ounce on Tuesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, tomorrow. And, auto tariffs are […]
Read moreApril 1, 2025 6:40 am
Spot Gold rose to yet another record high of $3,148.88 per troy ounce on Tuesday, as concerns that the Trump administration’s reciprocal tariffs may stoke inflation and hamper growth continued to underpin traditional safe haven assets. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, […]
Read moreMarch 31, 2025 8:53 am
Spot Silver held in proximity to a fresh 22-week high of $34.59 per troy ounce on Monday, as US President Trump’s tariff plans fueled concerns of a wider global trade war, spurring safe-haven demand. The Trump administration’s reciprocal tariffs, which are set to take effect on April 2nd, now come in the spotlight, as many […]
Read moreMarch 31, 2025 6:43 am
Spot Gold set a new all-time high of $3,128.13 per troy ounce on Monday, as US President Trump’s tariff plans fueled concerns of a wider global trade war, triggering a rush to safe haven assets. The Trump administration’s reciprocal tariffs, which are set to take effect on April 2nd, now come in the spotlight, as […]
Read moreMarch 30, 2025 12:52 pm
The EUR/JPY currency pair settled below recent 1-week high of 163.352 following the latest European and Japanese macro data. The Japanese Yen firmed, while pushing the EUR/JPY pair lower, after the release of the latest Tokyo inflation data. March figures indicated a 2.4% rise in the city’s core consumer price index, which does not include […]
Read moreMarch 30, 2025 9:06 am
The EUR/NOK currency pair settled near a fresh 9-month low of 11.2873 and recorded a third straight week of losses in the wake of the Norges Bank’s policy decision and the latest European macro data. Norway’s Krone appreciated, while exerting downward pressure on the EUR/NOK pair, after the Norges Bank left borrowing costs without change, […]
Read moreMarch 29, 2025 1:05 pm
The USD/NOK currency pair settled near recent 6-month low of 10.4290 and recorded a fourth straight week of losses in the wake of the Norges Bank’s policy decision and as a US tariff deadline drew near. Norway’s Krone appreciated, while exerting downward pressure on the USD/NOK pair, after the Norges Bank left borrowing costs without […]
Read more