Feb 19 2025, 04:24 Federal Reserve Vice Chairman for Supervision Michael Barr delivered remarks before the Council on Foreign Relations today, discussing the state of the economy, inflation, and policy uncertainty. Barr sounded a positive note about the economy, citing strong growth over the past year and low and stable unemployment. He also noted the…
Feb 18 2025, 15:18 The dollar rises as its recent downward correction has likely run its course in the absence of tangible negative drivers, ING analyst Francesco Pesole says in a note. Markets will remain focused on any developments on U.S.-Russia talks over the Ukraine war, he says. Barring any major breakthrough, the “optimistic push…
Feb 18 2025, 14:26 Silver prices held steady around $32.4 per ounce on Tuesday, remaining in a sideways trading range for the past two weeks as global trade uncertainties continued to drive safe-haven demand for precious metals. US President Donald Trump recently announced plans to impose reciprocal tariffs on countries taxing US imports, raising worries…
Feb 18 2025, 15:06 The USD/CHF pair extends its recovery to around 0.9030 during the early European session on Tuesday, bolstered by a firmer US Dollar (USD). Investors brace for the release of the NY Empire State Manufacturing Index for February, which will be published later on Tuesday. Also, the Federal Reserve’s (Fed) Mary Daly…
Feb 18 2025, 15:10 Gold prices extended their gains on Tuesday, as uncertainty over U.S. President Donald Trump’s tariff plans continued to dominate market sentiment, driving safe-haven demand amid fears of a potential global trade war. Spot gold was up 0.6% at $2,913.79 an ounce, as of 0714 GMT. U.S. gold futures gained 0.9% to…
Feb 14 2025, 12:53 Silver price (XAG/USD) trades in positive territory for the third consecutive day near $32.50 during the Asian session on Friday. The growing concerns about US President Donald Trump’s tariff policies continue to underpin the white metal. Traders brace for the US Retail Sales for January, which are due later on Friday….
