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Silver Price Forecast: XAG/USD recovers as the US Dollar eases

Silver (XAG/USD) trades around $58.55 at the time of writing on Friday, up 2.24% on the day, benefiting from a modest pullback in the US Dollar (USD) following its recent rally.

ECB officials confirm: Eurozone inflation to stay above target for a longer period

The Euro (EUR) trades slightly higher to near 1.1385 against the US Dollar (USD) during the European trading session on Friday. The major currency pair edges up as the US Dollar corrects marginally af ...

British Pound: Improved UK growth-inflation mix backs Sterling – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that GBP/USD is consolidating near 1.3300 as United Kingdom (UK) data signal a more favourable growth-inflation mix.

Oil pulls back, takes some pressure off interest rates, leaves the greenback slightly softer

The price of Crude Oil is consolidating today after yesterday’s surge and this has taken some pressure off bond markets after several countries, including the US, saw 10-year yields rise to new highs ...

Mexico Jobless Rate s.a increased to 2.8% in June from previous 2.7%

Mexico Jobless Rate above expectations (2.8%) in June: Actual (2.9%)

Euro: ECB hawkish but EUR still disadvantaged against US Dollar – OCBC

OCBC’s Sim Moh Siong and Christopher Wong observe that while the European Central Bank (ECB) left rates unchanged in July and is expected to deliver at least one more 25 bp hike to 2.50% in September, ...

Can Silver reclaim $60 after its latest rebound?

Silver traded near $57.76 on Friday and remained on course for a weekly gain of around 3.4%. The metal retained that weekly advance despite Thursday’s 3.4% decline, but the recovery remains tentative.

FOMC preview: Fed to stay on hold after June’s hawkish shift

While the recent surge in oil prices has led markets to increase their expectations of a Federal Reserve rate hike, June’s inflation data came in well below forecasts, and labour market figures were s ...

Federal Reserve: Holding rates while watching inflation risks – Commerzbank

Commerzbank’s Bernd Weidensteiner expects the Federal Reserve to leave the policy rate at 3.50%–3.75% at the upcoming meeting, while debating potential hikes if inflation fails to ease.

Gold steadies after sharp drop as traders weigh Fed, Middle East risks

Gold (XAU/USD) steadies on Friday after falling nearly 2% the previous day, as surging Oil prices fueled expectations that the Federal Reserve (Fed) may need to raise interest rates amid a worsening i ...

Tech gets whacked, TSLA and GOOG disappoint on AI spend – Oil surges past $100, yields kiss 4.7%

OK – what happened yesterday? Stocks got slammed!