June 4, 2025 6:41 am
The CAD/SEK currency pair held in proximity to a 1-week high of 7.0256 on Wednesday, as investors braced for the outcome of the Bank of Canada’s policy meeting later in the day. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.75% at its June 4th policy meeting. In April, […]
Read moreJune 3, 2025 7:35 am
Spot Gold held in proximity to a fresh 1-month high of $3,392.30 per troy ounce on Tuesday, as escalating trade and geopolitical tensions kept safe-haven assets underpinned. US President Donald Trump threatened to double existing tariffs on imports of steel and aluminum from 25% to 50%, taking effect on June 4th, reigniting tensions with trade […]
Read moreJune 2, 2025 10:04 am
Spot Silver scaled a 1 1/2-week high of $33.57 on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the white metal. The US Dollar Index was last down 0.71% to 98.740. A weaker US Dollar makes dollar-priced Silver […]
Read moreJune 2, 2025 7:16 am
Spot Gold rose more than 1.5% on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the yellow metal. The US Dollar Index was last down 0.51% to 98.940. A weaker dollar makes dollar-priced Gold more appealing to international […]
Read moreJune 1, 2025 5:07 pm
The NZD/NOK currency pair settled below recent high of 6.1075, its strongest level since May 20th, in the wake of the RBNZ’s policy decision. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This way, borrowing costs were […]
Read moreMay 31, 2025 5:27 pm
The NZD/SEK currency pair settled below recent high of 5.7837, its strongest level since May 14th, in the wake of the RBNZ’s policy decision and Swedish GDP data. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This […]
Read moreMay 31, 2025 12:16 pm
The EUR/NZD currency pair settled above recent low of 1.8835, its weakest level since May 14th, in the wake of the RBNZ’s policy decision and as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% […]
Read moreMay 31, 2025 9:06 am
The EUR/CHF currency pair settled below recent high of 0.9390, its strongest level since May 19th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
Read moreMay 31, 2025 6:27 am
The EUR/SEK currency pair settled above recent low of 10.7874, its weakest level since April 4th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
Read moreMay 30, 2025 8:26 am
Spot Silver held just above the $33.00 mark on Friday and was on track to register a weekly loss ahead of the release of US PCE inflation figures later in the day. Yesterday the white metal rebounded from a 1-week low of $32.69, after a US federal appeals court issued a temporary halt to a […]
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