Silver price oscillates inside Thursday’s range around $33.00 despite significant weakness in the US Dollar. Heightened concerns over US fiscal imbalances have kept the US…
Gold price surrenders intraday gains and falls to around $3,300 as the US Dollar finds temporary support. Mounting US fiscal deficit concerns keep the outlook…
EUR/GBP ended the day higher following UK inflation data for April surprising significantly to the topside, relative to both consensus and BoE estimate, Danske Bank’s…
Gold price scales higher for the fourth straight day amid a combination of supporting factors. US fiscal concerns and Fed rate cut bets undermine the…
EUR/USD attracts some buyers to around 1.1330 in Wednesday’s early European session, up 0.42% on the day. The positive view of the pair prevails above…
The Reserve Bank of Australia is set to cut the interest rate by 25 bps to 3.85% in May. Australian central bank Governor Michele Bullock’s…
The resilience of the US economy in recent years was interpreted by many investors as a demonstration of US ‘exceptionalism’, Rabobank’s FX analyst Jane Foley…
The price of Gold has come under considerable pressure in recent days, Commerzbank’s commodity analyst Carsten Fritsch notes. Gold struggles to attract buyers despite recent…
WTI trades lower near $61.20 on Thursday, pressured by rising US stockpiles and renewed hopes for an Iran deal. Price finds interim support at $60.00…
Federal Reserve (Fed) Board of Governors member Michael Barr spoke at the New York Fed’s Small Business Credit Symposium on Thursday, noting that although the…