Silver shoots higher after US President Trump accuses China of violating its trade agreement. The US Dollar plunges as tariff fears weigh on sentiment, supporting…
USD/INR slips to 85.36 as the Indian Rupee rebounds after last week’s decline. India’s HSBC Manufacturing PMI was revised to 57.6 in May, signaling a…
Gold prices jump on renewed US-China tensions. US Dollar weakness once again drives Gold gains. Gold prices add 2% at the time of writing, threatening…
Today’s Gold Analysis Overview: General trend for gold: Upward. Today’s gold support points: $3267 – $3200 – $3150 per ounce. Today’s gold resistance points: $3366…
AUD/USD whipsaws on mixed economic data and expectations for monetary policy. Australia’s Retail Sales miss forecasts, but declining US inflation limits the losses. AUD/USD looks…
EUR/GBP surges above prior psychological resistance at 0.8400. Europe and the United States take steps toward a trade deal, boosting optimism. EUR/GBP moves toward key…
USD/CAD loses ground as the Canadian Dollar receives support from improved crude Oil prices. WTI price advances amid easing tariff risks and expectations of tighter…
The Euro loses momentum on mixed data and dovish ECB’s Villeroy. The pair´s bearish correction from 1.5760 is holding above 1.5600 so far. Higher Oil…
Business leaders are becoming increasingly concerned about the economic consequences of rising prices and trade uncertainty, suggested St. Louis Fed President Alberto Musalem. Key Quotes…
The price of Platinum rose significantly this week, as did the price of Palladium, Commerzbank’s commodity analyst Carsten Fritsch notes. Platinum and Palladium are exceptionally…