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Silver Price Forecast: XAG/USD is testing the top of a potential Bullish Flag at $36.60
Silver consolidates above $36.00 with the upside trend intact. Risk-off markets and higher demand for safe havens are supportive of precious metals. XAG/USD is forming a potential Bullish Flag. Silver (XAG/USD) is on a downside correction from all-time highs, near $37.00 hit on Early June. Price act
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US Dollar Index (DXY) recovery loses steam above 98.00 despite the risk-off mood
The languishes near multi-week lows despite the higher demand for safe havens.Fears of escalating tensions in the Middle East have crushed investors' appetite for risk.Market movements remain subdued ahead of Wednesday's Fed decision. Fears of an escalating war between Israel and Iran are boosting d
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Carney and Trump commit to reaching new trade agreement within 30 days - Reuters
Canadian Prime Minister Mark Carney said on Monday that he had agreed with US President Donald Trump that their two nations should try to wrap up a deal on tariffs within 30 days, per Reuters. Key quotes The trade talks need to be sped up. Goal of reaching a deal sometime over the next month. The fi
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US tariffs here to stay, trade deals ‘largely symbolic’
Despite legal challenges to IEEPA tariffs, US trade policy remains firm. Tariffs on steel and aluminium have doubled, and new sectoral tariffs are expected. Trade deals may emerge, but most will be symbolic. Effective tariff rates will stay high throughout 2025. In recent weeks, two major developmen
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AUD/USD extends correction to near 0.6480 amid uncertainty over US-China trade relations
AUD/USD retraces to near 0.6480 from an over six-month high of 0.6545 as investors lack details of the US-China trade deal.US President Trump says China agrees to supply rare earths and magnets.The US prepares to send letters to its trading partners stating tariff rates and the trade deal. The AUD/U
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India’s $10,000 Trading Challenge Powered by Macro Global Markets
India’s $10,000 Trading Challenge Power by Macro Global Markets As the S16 Global Trading Competition enters its final stretch, Macro Global Markets steps in to supercharge the momentum! Regulated. Trusted. Proven. Macro Global Markets is fully regulated and license
Macro Global Markets 
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- Physical_Motivation :Great News.
- Kyle_M :🤑
- Ethanwhitewoods :Nigeria 🇳🇬
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Euro area – Bright past, blurred future
The Euro area economy is steadily recovering, marked by increasing growth, a robust labour market, and inflation meeting the 2% target. Although the recovery is anticipated to persist this year, growth is likely to remain below potential due to trade uncertainties and cautious consumer behaviour. By
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Mexican Peso trades near fresh YTD high against US Dollar
USD/MXN trades below 19.20 after testing a new YTD low at 19.16.US ADP Employment and ISM Services PMI data missed forecasts.Mexico responds to increased tariffs on steel and aluminum imports to the US. The Mexican Peso (MXN) is trading near a fresh year-to-date high against the US Dollar (USD) on W
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Fed's Goolsbee: Rates could come down if tariffs are avoided by a deal or otherwise
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Thursday that they could return to a situation where interest rates could come down if tariffs are avoided by a deal of otherwise, per Reuters. "If politics controls the interest rate, inflation is coming back," Goolsbee added a
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New Zealand Central Bank to slow its policy rate descent
Summary In a widely expected decision this week, the Reserve Bank of New Zealand (RBNZ) lowered its Official Cash Rate by 25 bps to 3.25%. This marks 225 bps of cumulative easing during the current cycle. While the accompanying statement and updated economic projections suggested that further moneta
