Currency market dynamics have not shifted meaningfully as the session progresses, with the day’s relative performance table largely intact. Aussie remains firmly at the top, supported by the RBA’s hawkish hold earlier today. Governor Michele Bullock effectively shut the door on further easing and made clear that the next move could be a hike if […]
Risk aversion returned to Asia at the start of December, lifting Yen sharply across the board. The shift in sentiment coincided with a notable surge in Japanese government bond yields, with the 10-year jumping nearly 0.07 and breaking above 1.87%, its highest level in more than 15 years. . A key catalyst was Governor Kazuo
Sentiment in Asian markets started the week on the softer side, though the pullback has been well contained so far. The tone was more cautious than negative, with investors reluctant to take strong positions ahead of a busy global data schedule and the return of U.S. macro releases. The dominant theme is anticipation. With U.S.
Global risk appetite improved markedly today, with strong gains in Asia carrying over into European trading and U.S. futures pointing higher. Investors found renewed confidence amid signs of political progress in Washington, where the Senate approved the first stage of a bipartisan deal to end the monthslong government shutdown. The agreement would fund federal operations
Yen rebounded notably today while Nikkei 225 cooled from its record highs, as investors took profits following a smooth meeting between U.S. President Donald Trump and Japan’s new Prime Minister Sanae Takaichi. The summit concluded with the signing of two new agreements that reaffirm the deep strategic and economic partnership between the two allies, while
Silver price marked $40.85, the highest since September 2011, on Tuesday. US July Personal Consumption Expenditures Price Index pointed to sustained inflationary pressures, adding to uncertainty around potential Fed rate cuts. Silver receives support from safe-haven demand, driven by lingering uncertainty over the legality of Trump’s dismissal of Fed Governor Cook. Silver price (XAG/USD) trades
Asian equities slipped slight today after U.S. President Donald Trump issued a long-anticipated executive order updating tariff rates following the August 1 trade truce deadline. But losses were relatively restrained as many of Asia’s key exporters avoided the harshest duties. While tariffs now top out at 41%, nations like Thailand, Malaysia, and Taiwan saw their
Silver price has marked $39.10, the highest since September 2011, on Monday. The safe-haven Silver attracts buyer following President Trump’s 30% tariff on imports from the European Union and Mexico. Traders adopt caution after US economic adviser Kevin Hassett suggested that Trump could remove Fed’s Powell “if there’s cause.” Silver price (XAG/USD) extends its three-day
Silver price trades lower to near $36.50 as higher US Dollar has capped its upside. US President Trump is expected to release fresh batch of tariff rates for over seven trading partners. The White House plans to impose 50% tariffs on Copper imports. Silver price (XAG/USD) falls to near $36.50 during Asian trading hours on
Silver forms double-bottom near key support, signaling a potential breakout above $37.31. Doji candle and thin US holiday volume suggest pause, not reversal. Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00. Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher. A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure. A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside. Silver price sinks more than 1% on
The cautious optimism in Asia failed to spill into European markets, as investors turned cautious ahead of today’s US-China trade talks in London. While no one expects a sweeping resolution to the broader trade conflict, hopes are centered on incremental progress—particularly around rare earths. Kevin Hassett, Director of the US National Economic Council, struck a
Silver price gains momentum to near $36.00 in Monday’s early early Monday Investors look to broaden their exposure to safe-haven assets beyond gold, supporting the Silver price. The stronger US May employment report might lift the USD and cap the white metal’s upside. The Silver (XAG/USD) price trades in positive territory around $36.00 during the
Euro surged against Dollar after ECB President Christine Lagarde struck a relatively confident tone in her post-meeting press conference. She downplayed immediate trade war fallout, stating that U.S. tariffs would likely impact growth more in 2026, by which time EU fiscal expansion—particularly military spending—would help cushion the blow. Also, Lagarde emphasized that the ECB is
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance favor bears. The formation of a bullish flag pattern supports prospects for the emergence of some dip-buying. Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone
Silver price trades firmly around $32.30 amid intensifying trade war between the US and China. China has increased the import duty on imports from the US to 125%. Growing risks of a US recession have strengthened US bond yields. Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The
Silver breaks below 100- and 200-day SMAs, signals strong bearish momentum amid escalating US-China tariff battle. RSI enters oversold territory, but selling pressure may continue toward $28.74 and $27.71 if $29 fails to hold. A recovery above $30 could see buyers retest $30.86 SMA and key resistance near $31.00. Silver price plummeted on Friday as
