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Markets
USD/CHF declines as soft US data and bearish technicals weigh on pair
The Swiss Franc (CHF) continued to appreciate against the US Dollar (USD) on Thursday, following a slightly soft US jobs report overshadowed by Wednesday’s Nonfarm Payrolls print.…
Gold plunges despite falling US yields and solid US jobs data
Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans…
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WTI sinks below $63 on US-Iran headlines
West Texas Intermediate (WTI) US Crude Oil took a fresh leg down on Thursday, bullied into the low end by a combination of the potential for a sharp pullback from US-Iran tensions,…
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US Dollar Index churns near 97.00 on Thursday
The Federal Reserve (Fed) held rates at 3.50% to 3.75% at its January 28 meeting, pausing after three consecutive quarter-point cuts in 2025. Two Federal Open Market Committee…
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Silver retreats as strong US jobs data dampen rate-cut hopes
Silver (XAG/USD) trades lower on Thursday, hovering around $82.85 at the time of writing, down 1.95% on the day. The white metal is correcting after posting a weekly high at…
EUR/USD snaps two-day slide as the Greenback struggles for traction
The Euro (EUR) regains some lost ground against the US Dollar (USD) on Thursday, with EUR/USD snapping a two-day losing streak as the Greenback struggles to attract a meaningful…
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