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GBP/CHF settles above 34-week low, posts sizable weekly loss

April 5, 2025 8:44 am
The GBP/CHF currency pair settled above a fresh 34-week low of 1.1019 and recorded its worst weekly performance since late July 2024, as the Pound was hammered after China’s retaliatory move to US tariffs. The UK 10-year gilt yield fell to lows not seen since December 12th, at 4.4% on Friday, as fears of a […] Read more

Spot Silver hovers above 1-month low, eyes weekly loss

April 4, 2025 9:01 am
Spot Silver hovered above a fresh one-month low of $31.16 on Friday, since global trade concerns led to a broad sell-off across market segments. That followed the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […] Read more

Spot Gold off record high, heads for 5th weekly gain

April 4, 2025 6:58 am
Spot Gold pulled back from yesterday’s record high, but was set to register its fifth straight week of gains, as market players reassessed risk outlook following the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […] Read more

USD/CHF falls to 24-week low amid safe haven flows

April 3, 2025 10:27 am
The USD/CHF currency pair plumbed a fresh 24-week low of 0.8588 on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war, boosting safe haven assets such as the Swiss Franc. Yesterday the Trump administration announced a 10% baseline tariff on all […] Read more

Spot Silver hits 1-week low amid commodity sell-off

April 3, 2025 8:20 am
Spot Silver hovered above a one-week low of $32.98 on Thursday, tracking a broad sell-off in commodities, as investors grappled with market uncertainties after US President Trump unveiled an extensive set of import tariffs. Yesterday the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a […] Read more

Gold extends record streak as US tariffs fuel safety flows

April 3, 2025 6:59 am
Spot Gold scaled a new all-time peak of $3,167.57 per troy ounce on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war. Yesterday the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies […] Read more

EUR/CHF stuck in tight range ahead of Swiss CPI

April 2, 2025 11:34 am
The EUR/CHF currency pair traded within a narrow daily range on Wednesday ahead of the Swiss CPI inflation data and as traders braced for the implementation of the Trump administration’s new tariffs. Switzerland’s inflation report for March, due out tomorrow, may provide more clues over the SNB’s future rate trajectory. The Swiss National Bank lowered […] Read more

Spot Silver holds above $33.50 as new US tariffs loom

April 2, 2025 8:49 am
Spot Silver held above the $33.50 mark on Wednesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White House has confirmed that new tariffs […] Read more

Gold holds near record high with focus on reciprocal tariffs

April 2, 2025 7:06 am
Spot Gold held within striking distance of yesterday’s record high of $3,148.88 per troy ounce on Wednesday ahead of the Trump administration’s reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White […] Read more

Spot Silver remains near recent 22-week high

April 1, 2025 8:48 am
Spot Silver held not far from recent 22-week high of $34.59 per troy ounce on Tuesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, tomorrow. And, auto tariffs are […] Read more