May 20, 2025 9:02 am
Spot Silver eased on Tuesday, reversing a gain from the prior trading day, as investor optimism regarding a potential ceasefire between Russia and Ukraine weighed on demand for safe-haven assets. Yesterday US President Donald Trump spoke with Russia’s President Vladimir Putin and announced Russia and Ukraine would immediately begin negotiations aimed at a ceasefire. Meanwhile, […]
Read moreMay 20, 2025 6:58 am
Spot Gold edged lower on Tuesday, as a firmer US Dollar and investor optimism regarding a potential ceasefire between Russia and Ukraine weighed on the safe-haven allure of the metal. Yesterday US President Donald Trump spoke with Russia’s President Vladimir Putin and announced Russia and Ukraine would immediately begin negotiations aimed at a ceasefire. The […]
Read moreMay 19, 2025 8:51 am
Spot Silver surged on Monday, reversing a loss from Friday, supported by a softer US Dollar amid renewed trade tensions. US Treasury Secretary Scott Bessent said over the weekend President Donald Trump would impose tariffs at the rate he pledged in April on trading partners, who do not negotiate in “good faith”. A softer US […]
Read moreMay 19, 2025 7:12 am
Spot Gold rose on Monday, reversing a loss from Friday, on the back of a softer US Dollar amid renewed trade tensions. US Treasury Secretary Scott Bessent said over the weekend President Donald Trump would impose tariffs at the rate he pledged in April on trading partners, who do not negotiate in “good faith”. A […]
Read moreMay 18, 2025 4:39 pm
The GBP/CHF currency pair settled below recent high of 1.1188, its strongest level since April 4th, after the release of the latest GDP growth data out of both the UK and Switzerland. The UK posted stronger-than-expected economic growth in the first quarter of 2025, 0.7%, compared to analysts’ forecasts of 0.6%. This followed a 0.1% […]
Read moreMay 18, 2025 12:29 pm
The EUR/CHF currency pair settled below recent high of 0.9420, its strongest level since April 28th, after the release of the latest GDP growth data out of both the Euro Area and Switzerland. The Euro Area’s economy registered a 0.3% quarterly growth in the first quarter of 2025, according to Eurostat’s second estimate released on […]
Read moreMay 18, 2025 10:47 am
The EUR/GBP currency pair settled above Friday’s low of 0.8392, its weakest level since April 3rd, after the release of the latest GDP growth data out of both the UK and the Euro Area. The UK posted stronger-than-expected economic growth in the first quarter of 2025, 0.7%, compared to analysts’ forecasts of 0.6%. This followed […]
Read moreMay 18, 2025 8:53 am
The GBP/NOK currency pair settled below Friday’s high of 13.8755, its strongest level since May 2nd, after the release of the latest GDP growth data out of both the UK and Norway. The Norwegian economy contracted 0.1% quarter-on-quarter in Q1 of 2025, after a revised down 0.9% decline in the preceding quarter. The GDP contraction […]
Read moreMay 17, 2025 4:01 pm
The EUR/NOK currency pair settled above recent low of 11.5420, its weakest level since April 4th, after the release of the latest GDP growth data out of both the Euro Area and Norway. The Norwegian economy contracted 0.1% quarter-on-quarter in Q1 of 2025, after a revised down 0.9% decline in the preceding quarter. The GDP […]
Read moreMay 17, 2025 11:57 am
The EUR/MXN currency pair settled above recent low of 21.6176, its weakest level since March 26th, in the wake of the Mexican central bank’s policy decision and the latest GDP growth data out of the Euro Area. Banco de México lowered its key policy rate by 50 basis points to 8.50% at its May meeting, […]
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