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Forex
Silver Price Forecast: XAG/USD slips 1.20% as bullish momentum fades below $33.00
Silver retreats to $32.54 after failing to hold above key $33.00 level.
RSI signals mixed momentum, with downside risks if $32.00 support breaks.
Next…
Mexican Peso slides on recession jitters following Q4 GDP slump
Mexico’s Q4 GDP contracts for the first time since 2021.
Banxico slashes 2025 growth outlook to 0.6%, well below Finance Ministry projections.
US data…
Gold rally takes a breather, still heading for eight straight weekly advance
Gold touches all-time high of $2,954 amid trade policy uncertainty.
Trump expands tariffs to lumber and soft commodities, adding market jitters.
US data…
European natural gas and power prices drop – Danske Bank
European natural gas and power prices have dropped back over the past week despite a cold spell adding to heating demand in Northern Europe, Danske Bank's FX…
Market volatility leads to Palantir (PLTR), bullish sentiment continues
Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the…
Gold near flat ahead of US PMI release
Gold erases larg part of earlier losses, though remains below $2,940 on Friday.
US considers lifting sanctions on Russia in an attempt from a quick deal.…
CAD: Pivot around 1.42 extends ahead of Retail Sales, Macklem – Scotiabank
The Canadian Dollar (CAD) is a very moderate loser on the day, down a little more than 0.1%. The CAD continues to track the broader trend in the USD and will…
DXY: Short-covering lifts USD into weekend – Scotiabank
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI…
EUR tops out in the low 1.05s again – Scotiabank
Preliminary Eurozone PMI data for February were mixed to slightly softer, weighing on the EUR somewhat in European trade, Scotiabank's Chief FX Strategist…
Silver Price Forecast: XAG/USD struggles around $33.00 as Fed officials guide restrictive policy stance
Silver price faces pressure above $33 as Fed policymakers see interest rates remaining in the current range of 4.25%-4.50%.
Fed officials struggle to gauge…