May 24, 2025 10:15 am
The EUR/CHF currency pair settled above Friday’s low of 0.9292, its weakest level since May 6th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 7:14 am
The EUR/GBP currency pair settled above Friday’s low of 0.8379, its weakest level since April 3rd, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. At the same time, Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB […]
Read moreMay 23, 2025 8:40 am
Spot Silver rose on Friday and headed for its largest weekly advance since early April amid lingering investor concerns over the US fiscal outlook that drove demand for safe-haven metals. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill pass, […]
Read moreMay 23, 2025 6:56 am
Spot Gold rose over 1% on Friday, holding in proximity to a 2-week peak of $3,345.45, and headed for a weekly gain amid lingering investor concerns over the US fiscal outlook. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill […]
Read moreMay 22, 2025 9:18 am
Spot Silver rose to a fresh 1-month high of $33.70 per troy ounce on Thursday, as investor concerns over US fiscal outlook mounted, pressuring the US Dollar and driving demand for safe-haven metals. The US Dollar Index was hovering above a 2-week trough, being last down 0.10% to 99.605. A weaker dollar makes dollar-priced Silver […]
Read moreMay 22, 2025 7:08 am
Spot Gold extended gains to a fresh 2-week peak of $3,345.45 on Thursday, as investor concerns over US government’s growing debt continued to heighten. The US Dollar Index was hovering above a 2-week trough, being last down 0.18% to 99.508. A weaker dollar makes dollar-priced Gold more appealing to international investors holding other currencies. Yesterday […]
Read moreMay 21, 2025 11:38 am
The AUD/NZD currency pair hovered above a fresh 1 1/2-week low of 1.0826 on Wednesday, after a widely anticipated 25 basis-point rate cut by the Reserve Bank of Australia, which was accompanied by concerns over domestic and global headwinds that could dampen the country’s economic outlook. The central bank said quarterly data indicated that inflationary […]
Read moreMay 21, 2025 9:37 am
Spot Silver scaled a fresh 1-week high of $33.20 per troy ounce on Wednesday on the back of a weaker US Dollar and amid US fiscal uncertainty. The US Dollar Index was last down 0.29% to 99.724, after earlier sliding to its lowest level since May 7th (99.423). A weaker dollar makes dollar-priced Silver more […]
Read moreMay 21, 2025 7:04 am
Spot Gold advanced to a fresh 1 1/2-week high of $3,320.42 on Wednesday on the back of a weaker US Dollar and amid US fiscal uncertainty. The US Dollar Index was last down 0.57% to 99.442, after earlier sliding to its lowest level since May 7th (99.423). A weaker dollar makes dollar-priced Gold more appealing […]
Read moreMay 20, 2025 10:31 am
The USD/ZAR currency pair hovered just above a fresh 5-month low of 17.9760 on Tuesday ahead of a planned meeting between President Cyril Ramaphosa and US President Donald Trump in Washington. The South African delegation arrived in the US yesterday to hold talks with the Trump administration, seeking to renew strained ties between the two […]
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