March 27, 2025 8:11 am
Spot Gold gained over 0.5% on Thursday, while holding within striking distance of record highs, as fresh US auto tariffs added to global trade tensions, fueling safe haven demand. Yesterday US President Trump announced a 25% tariff on imported cars and light trucks, beginning next week, which further heightened trade tensions. The Trump administration’s reciprocal […]
Read moreMarch 26, 2025 3:22 pm
The EUR/CAD currency pair hovered just above a fresh three-week low of 1.5342 on Wednesday, as market players awaited the release of the minutes of the Bank of Canada’s March policy meeting for more insight into the central bank’s thinking. The Canadian Dollar drew support from rising government bond yields and a surge in crude […]
Read moreMarch 26, 2025 11:28 am
The USD/SGD currency pair edged higher on Wednesday, but gains were restrained by disappointing US consumer confidence data and fears over the effect of upcoming tariffs on US economic growth. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP growth. In an […]
Read moreMarch 26, 2025 9:34 am
Spot Silver held in proximity to a one-week high of $33.81 per troy ounce on Wednesday ahead of the upcoming round of US tariffs, which has kept market players on edge. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP growth. In […]
Read moreMarch 26, 2025 8:02 am
Spot Gold gained for a second straight day on Wednesday, while holding within striking distance of record highs, ahead of the upcoming round of US tariffs, which has kept market players on edge. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP […]
Read moreMarch 25, 2025 2:43 pm
The EUR/CHF currency pair traded just above a fresh two-week low of 0.9511 on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to underpin safe haven currencies such as the Franc, while data showed Germany’s business climate had improved in March. The Trump administration’s reciprocal tariffs are set to take effect on […]
Read moreMarch 25, 2025 11:41 am
The USD/SEK currency pair hovered just above a fresh two-week low of 10.0063 on Tuesday, as market players’ main focus was the upcoming reciprocal tariffs, promised by the Trump administration on April 2nd. Although US President Trump said yesterday that automobile tariffs were coming soon, he also indicated the reciprocal tariffs might be less severe […]
Read moreMarch 25, 2025 9:38 am
Spot Silver held above the $33 mark on Tuesday, bouncing off 1 1/2-week low, amid ongoing uncertainty regarding the upcoming round of US tariffs, which drove safe-haven demand. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hamper GDP growth. However, US President Trump […]
Read moreMarch 25, 2025 7:52 am
Spot Gold held mostly steady within a tight range on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to drive safe-haven flows. “Uncertainty remains over the extent and scope of upcoming U.S. reciprocal tariffs … gold continues to find some support as a hedge against potential surprises,” IG market strategist Yeap Jun […]
Read moreMarch 24, 2025 11:55 am
The South African Rand gained ground against a broadly weaker US Dollar on Monday, as market players awaited more clarity on the upcoming round of US tariffs. According to a Bloomberg News report, US President Trump is likely to exclude a set of sector-specific tariffs, while imposing reciprocal levies on April 2nd. “I would imagine […]
Read more
