USD/CHF trades lower as the US Dollar struggles due to growing concerns over the fiscal deficit in the United States. The Congressional Budget Office expects…
Silver price advances due to rising safe-haven demand amid growing US fiscal concerns. The safe-haven demand increases amid rising geopolitical tensions in the Middle East.…
AUD/JPY may face challenges due to the rising odds of further rate cuts by the RBA. RBA Governor Michele Bullock called the rate cut decision…
WTI price weakens amid oversupply fears following potential Russia-Ukraine ceasefire talks. President Trump stated that Ukraine and Russia are preparing to begin immediate ceasefire negotiations,…
USD/CHF depreciates as the US Dollar struggles following Moody’s decision to downgrade the US credit rating by one notch. US Treasury Secretary Bessent stated that…
Silver price may rise following Moody’s decision to downgrade the US credit rating by one notch. The grey metal has faced downward pressure due to…
European Central Bank (ECB) President Christine Lagarde spoke in an interview with French media, La Tribune Dimanche, published on Saturday. Key quotes “It’s impressive to…
Gold price are supported by increased safe-haven demand following Moody’s downgrade of the US credit rating. Moody’s projects US federal debt to surge to approximately…
EUR/GBP remains supported by a stronger Euro, even amid growing expectations of further rate cuts by the ECB. ECB’s Francois Villeroy de Galhau remarked, “We…
AUD/JPY may depreciate as the Japanese Yen strengthens, shrugging off weaker domestic data. Japan’s preliminary Q1 2025 GDP showed a 0.2% quarterly contraction and a…