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EUR/USD trades near 1.0450, with the dollar index steady at 108 on Wednesday, as markets await a key inflation report. January CPI is expected to show core inflation rising to 0.3% from 0.2% MoM, while annual inflation may ease to 3.1% from 3.2%. Fed Chair Powell told Congress the Fed isn’t rushing to cut rates, citing economic strength and inflation risks. He...

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The yen fell below 153 per dollar on Wednesday, hitting a one-week low after BOJ Governor Ueda gave little clarity on rate policy. He reiterated the BOJ's commitment to a 2% inflation target, despite board member Tamura suggesting rates may rise to 1% in late 2025. The yen also weakened as Trump’s escalating tariffs raised inflation concerns, limiting the Fed’s...

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Silver trades around $31.5 per ounce on Tuesday, steady amid rising safe-haven demand after Trump’s 25% steel and aluminum tariffs, set to take effect today. More tariffs are expected midweek, while China’s retaliatory levies also begin today. German Chancellor Scholz warned the EU would respond "within an hour" to US tariffs on European goods. Silver also...

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Gold held above $2,910 per ounce on Tuesday, staying near record highs as safe-haven demand grew amid trade tensions and economic uncertainty. Trump imposed broad tariffs on steel and aluminum and hinted at more this week. Geopolitical risks also rose as Hamas halted hostage releases, citing alleged Israeli ceasefire violations. Meanwhile, expectations for looser...

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The British pound trades at 1.235 after the BoE cut rates to 4.5% and halved its growth forecast to 0.75%. Governor Bailey downplayed expectations of deeper cuts, but uncertainty persists. The BoE also raised its inflation forecast to 3.7% from 2.8%, highlighting the challenge of balancing rate cuts with price pressures. With three cuts since August, traders still...

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The yen held around 152 per dollar on Tuesday after a previous decline, pressured by the dollar's strength following new US tariffs. Trump’s 25% steel and aluminum tariff, imposed without exceptions, raised fears of an inflation-driven trade war, potentially limiting Fed rate cuts. The yen gained over 2% last week on expectations of more BOJ hikes. BOJ board...

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The euro fell to $1.03 as a stronger US dollar and Trump’s global steel and aluminum tariffs pressured the currency. Expectations of a widening US-Europe interest rate gap grew, with strong US jobs data supporting the Fed’s steady policy, while the ECB recently cut rates and hinted at more easing in March. Concerns over deflation from US tariffs increased bets on...

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EUR/USD is steady at $1.0382, awaiting the U.S. non-farm payrolls report. Markets expect the U.S. unemployment rate to stay at 4.1% with 170,000 jobs added in January, but population growth revisions could add volatility. The Euro faces pressure as the ECB remains cautious amid inflation and growth concerns. Traders await clearer signals from U.S. data and ECB...

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Silver remained above $32 per ounce, holding near a three-month high as the dollar weakened amid easing global trade war concerns. The U.S. and China have adopted a cautious stance on tariffs, with Presidents Trump and Xi Jinping set to discuss trade developments and potentially reverse some tariffs. This reduces inflation risks and keeps expectations intact for...

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Gold prices surged to nearly $2,870 per ounce, hitting record highs and marking a sixth consecutive weekly gain. The rally is driven by increased central bank purchases and rising demand for safe-haven assets amid global trade tensions and economic uncertainty. President Trump imposed a 10% tariff on all Chinese imports, prompting retaliatory measures from...

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GBP/USD is trading around $1.2426, down 0.1%, as the market focus shifts to the U.S. jobs report. The pound is under pressure due to the BoE’s forecast of higher inflation and weaker growth, with two officials advocating for a larger rate cut. Meanwhile, the U.S. labor market is expected to add 170,000 jobs and maintain a 4.1% unemployment rate. A strong U.S. jobs...

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The Japanese yen strengthened past 152 per dollar, its highest in nearly two months, as expectations grow for continued BOJ rate hikes. BOJ board member Naoki Tamura suggested raising the policy rate to at least 1% by fiscal 2025. Household spending rose 2.7%, the first increase in five months, while real wages grew for a second month, supported by higher winter...

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Silver rose above $32 per ounce on Wednesday, a three-month high, as trade and economic uncertainties fueled safe-haven demand. A weaker US dollar also supported prices. The US delayed 25% tariffs on Mexico and Canada but enforced a 10% levy on Chinese imports, prompting Beijing to impose its own tariffs and consider sanctions on US firms. Meanwhile, the Silver...

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Gold held near $2,860 per ounce, a record high, as expectations of lower interest rates increased its safe-haven appeal. Weak US services data signaled a potential slowdown, leading investors to anticipate two Fed rate cuts this year. The ECB and BoC have already cut rates, and the RBI and BoE are expected to follow. Gold also gained support from geopolitical...

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The British pound rose above $1.25, its highest since January 7, as the US dollar weakened and the focus shifted to the Bank of England’s Thursday decision. Policymakers are expected to cut rates by 25bps to 4.5%, reflecting slowing growth and easing services inflation. Market sentiment remained cautious over US tariffs, with concerns about a US-China trade...

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The euro climbed above $1.04 as a weaker dollar and Trump’s tariffs fueled economic concerns. China retaliated with its own levies, escalating trade tensions. Meanwhile, Eurozone business activity rebounded after two months of decline. The ECB cut rates and hinted at more easing in March, with US tariffs potentially pressuring it to loosen policy further....

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The yen strengthened past 152 per dollar, an eight-week high after BOJ board member Naoki Tamura suggested raising rates to 1% in late 2025. Finance Minister Katsunobu Kato warned of rising inflation, while strong wage data reinforced expectations of continued BOJ tightening. Real wages rose for a second month in December, with nominal wage growth hitting a...

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Silver rose above $31.5 per ounce, near its highest since early December, as easing trade war fears and strong manufacturing data stimulated demand. While Trump imposed 10% tariffs on China and 25% on Canada and Mexico, a delay in Mexico’s tariffs eased protectionist concerns. The ISM reported improving U.S. factory activity, reinforcing silver’s industrial demand...