Mar 7 2025, 13:00 Silver (XAG/USD) oscillates in a narrow band during the Asian session on Friday and currently trades above mid-$32.00s, near its highest level in over a week touched the previous day. Moreover, the near-term bias seems tilted in favor of bullish traders and supports prospects for an extension of the weekly uptrend….
Feb 21 2025, 04:32 The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, extended its decline on Thursday, sliding near 106.30. The decline followed US President Donald Trump’s announcement of potential progress on a trade deal with China, which offered markets a temporary reprieve from tariff…
Feb 20 2025, 15:33 The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday. The weakening of the US Dollar (USD) provides some support to the major pair. However, tariff concerns from US President Donald Trump and geopolitical tension might cap its upside. The ECB sets interest…
Feb 19 2025, 04:00 Stocks fell slightly on Tuesday, with the S&P 500 struggling to reach an all-time high set a month ago, as traders weighed headwinds on global trade and inflation. The broad-market index fell 0.01%, while the Nasdaq Composite fell 0.5%. The Dow Jones Industrial Average fell 206 points, or 0.4%. Earlier on…
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, 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…
