Gold stuck but central bank policies pose downside risks next week
Gold stuck but central bank policies pose downside risks next week Although gold continues to find initial support around $4,700 an ounce, the market remains stuck in neutral, unable to…
ECB: Expected to hike in June as inflation risks build – Commerzbank
Commerzbank's Dr. Jörg Krämer and Bernd Weidensteiner expect the European Central Bank (ECB) to leave rates unchanged next week but still project a June hike if the Strait of Hormuz…
WTI: Higher path feeding BoC inflation forecasts – TD Securities
TD Securities strategists expect the Bank of Canada’s (BoC) April Monetary Policy Report (MPR) to embed significantly higher Oil assumptions, with Brent at USD 90 and West Texas Intermediate (WTI)…
ECB Preview : No Rush Before Summer Hikes
We expect the ECB to leave the deposit rate unchanged at 2.00% on Thursday 30 April in line with consensus and market pricing. All focus is on signals. We expect…
USD/JPY: Supported but capped below 160 – DBS
DBS Group Research’s Chang Wei Liang says Japan’s March Consumer Price Index (CPI) data show underlying price pressures, with headline and core-core inflation edging higher and the Bank of Japan…
DeSantis Signs Bill Recognizing Gold And Silver As Legal Tender In Florida
Governor Ron DeSantis signed a bill Tuesday to recognize gold and silver as legal tender in Florida, paving the way for their use in financial exchanges. "You're going to be…
USD/CAD edges lower as soft Dollar, higher Oil lift Canadian outlook
USD/CAD trades around 1.3685 on Friday, down 0.12% on the day, as the pullback in the US Dollar (USD) dominates price action despite a still fragile geopolitical environment. The US…
EUR/USD: Losses steady near support – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report that weaker German IFO data, weighed down by Gulf tensions and energy price concerns, has softened the outlook for German growth but…
AUD/USD rebounds as softer USD and risk recovery lift the Aussie
AUD/USD is pushing higher toward the 0.7140 area on Friday, as the US Dollar (USD) loses momentum despite ongoing Middle East noise, allowing risk-sensitive currencies to recover.Despite solid economic data…
Gold price near steady as traders assess geopolitics
Gold price near steady as traders assess geopoliticsGold prices are trading near unchanged silver is posting mild gains in early U.S. trading Friday. As the trading week winds down, the…
