Silver recovered further to $30.60 in Thursday’s Asian trading. The white metal discovers strong buying interest, as normalising US labour market conditions boost speculation that the Federal Reserve will start reducing interest
Following Wednesday’s choppy action in foreign exchange markets, investors are gearing up for key events that could ramp up the volatility. The European Central Bank will announce monetary policy decisions on Thursday
Silver (XAG/USD) declined below the psychological support of $30.00 in Tuesday’s European session. The white metal weakened from its multi-year high of $32.50 as the DXY Dollar Index saw a rebound amid
Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the
The GBPUSD pair weakened to 1.2695 in early Asian trading on Thursday. The downtick of the pair is supported by the stronger US Dollar amid higher US yields and lower bets of
The US Dollar capitalised on the upbeat PMI data from the US on Thursday, and the USD Index closed the fourth consecutive day in positive territory. Durable Goods Orders for April and
Gold is likely to continue its current upward trajectory and hit a new all-time high within weeks, said the CEO of a leading financial advisory and fintech, as the yellow metal reached
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic
Gold preserved its bullish momentum and hit a new all-time high above $2,350 at the weekly opening after gaining over 4% in the previous week, marking a new record high of $2,330
The EURUSD pair maintained its position around 1.0770 on Friday, extending losses for the fourth consecutive day. However, trading volumes were light as market participants were likely observing Good Friday. The Euro
