Mar 21 2025, 10:38 The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological mark touched on Thursday – and remain at the…
Silver prices rallied above $65.5 per ounce on Friday, approaching a record high, amid a weakening dollar and strong fundamentals. The precious metal is on track for its fourth consecutive weekly gain and has risen more than 120% since the start of the year, reflecting strong investor appetite for safe-haven assets. Investor demand has increased…
Gold prices have weakened again below $4,000/oz, while silver has also corrected after a sharp rally that took both to multi-decade highs. On Friday afternoon, Singapore time, spot gold was trading around $3,955/oz after falling 1.6% the previous day, while silver dipped slightly after briefly touching $51,235/oz—its highest since 1980. Technical data suggests overbought conditions…
U.S. President Donald Trump on Monday declared the war in the Middle East is over, as he began a momentous trip to the region to finalize a peace deal for Gaza. Trump arrived in Tel Aviv earlier Monday to mark the release of Israeli hostages by Hamas after more than two years in captivity. As…
Japanese stock indexes rose in recent trading, following Wall Street’s recent record highs. This rise was supported by expectations that the Fed will maintain its loose monetary policy in the near term. The technology, metals, and electronics sectors led the gains, with SoftBank Group shares surging 4.9%, Sumitomo Metal Mining up 4.7%, and Hitachi Ltd….
The dollar softened on Tuesday along with U.S. interest rate expectations and a fall in Treasury yields as investors detected a slight dovish shift in Federal Reserve officials’ tone. The yen held small gains as violence in the Middle East supported buying of safe-haven assets, and last traded firmly at 148.34 per dollar. The Swiss…
