March 19, 2025 12:07 pm
The GBP/SEK currency pair gained on Wednesday, while rebounding from a one-week low, as investors awaited the outcome of the Bank of England’s and Riksbank’s policy meetings this week. The Bank of England is expected to maintain its benchmark interest rate at 4.5% at its March 20th policy meeting. In February, the BoE delivered its […]
Read moreMarch 19, 2025 9:51 am
Spot Silver pulled back from a 20-week high on Wednesday, as the US Dollar recovered from a five-month low ahead of the outcome of the Federal Reserve’s policy meeting. A firmer US Dollar makes dollar-priced Silver less appealing to investors holding other currencies. Market players now focused on the outcome of the Federal Reserve’s two-day […]
Read moreMarch 19, 2025 7:49 am
Spot Gold extended its rally to yet another record high of $3,045.41 per troy ounce on Wednesday, as geopolitical developments in the Middle East and global trade fears underpinned safe haven demand ahead of the outcome of the Federal Reserve’s policy meeting. Israel delivered a series of air strikes upon Gaza, leading to the death […]
Read moreMarch 18, 2025 2:30 pm
The GBP/JPY currency pair held not far from a fresh 10-week peak of 194.89 on Tuesday, as investors braced for the outcome of the Bank of Japan’s and the Bank of England’s policy meetings this week. The Bank of England is expected to maintain its benchmark interest rate at 4.5% at its March 20th policy […]
Read moreMarch 18, 2025 11:26 am
The USD/CAD currency pair held steady near a two-week low of 1.4272 on Tuesday, as market players awaited the outcome of the Federal Reserve’s two-day policy meeting to assess US economic outlook amid growing concerns of a possible economic slowdown. The Fed is widely expected to leave its federal funds rate target range intact at […]
Read moreMarch 18, 2025 9:42 am
Spot Silver registered a fresh 20-week high on Tuesday, as heightened geopolitical risks prompted a rush to safe haven assets. The Israeli Defense Forces initiated a series of strikes overnight after Hamas refused to release hostages as part of a ceasefire agreement. The truce between Israel and Hamas lasted for just a few weeks. In […]
Read moreMarch 18, 2025 7:45 am
Spot Gold registered a fresh record high of $3,018.75 per troy ounce on Tuesday, as market players focused on the outcome of the Federal Reserve’s two-day policy meeting to assess US economic outlook amid global trade concerns. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its […]
Read moreMarch 17, 2025 11:50 am
The EUR/CAD currency pair remained supported above the 1.56 mark on Monday ahead of Germany’s impending vote on a proposed fiscal spending package and Canada’s CPI inflation report. The Euro has recently drawn support from a consensus between key political figures in Germany regarding substantial increases in state borrowing. Incoming German Chancellor Friedrich Merz has […]
Read moreMarch 17, 2025 9:38 am
Spot Silver hovered near a fresh 19-week peak on Monday, drawing support from safe haven flows amid stagflationary fears, geopolitical risks and expectations of more rate cuts by the Federal Reserve. US Treasury Secretary Scott Bessent said over the weekend there were “no guarantees” there would not be a recession, though there could be an […]
Read moreMarch 17, 2025 8:35 am
Spot Gold held in proximity to a fresh record high of $3,004.86 per troy ounce on Monday, underpinned by stagflationary concerns, geopolitical risks and expectations of more rate cuts by the Federal Reserve. US Treasury Secretary Scott Bessent said over the weekend there were “no guarantees” there would not be a recession, though there could […]
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