Harriet

Silver rall¡ies further on US Dollar weakness and hits fresh long-term highs at $42.45. Weak US employment data and moderate inflation pave the path for a Fed cut next week. XAG/USD might have reached the target of the bullish cycle from mid-August, at $42.45. Silver’s (XAG/USD) broke higher on Thur

Silver is up an impressive 39.7 percent so far this year, hitting the highest level since 2011. It has broken through the significant $40 per ounce resistance and appears to be on track for a new record high over $50. Yet, even with this bullish action, silver is still underpriced compared to gold.

The U.S. Dollar Index (DXY) is back in the spotlight after yesterday’s JOLTS report confirmed further loosening in the labor market. Job openings fell more than expected to 7.2 million, but it’s the rise in layoffs to 1.8 million that raised eyebrows. Combined with a persistently low quit rate, the

There seems to be quite a lot of focus on the August eurozone CPI release today. Consensus expects headline to tick up to 2.1% YoY and core to tick down to 2.2% YoY, ING's FX analyst Chris Turner notes. EUR/USD is likely to continue trading between 1.1650 and 1.1750 "The ECB hawks and doves seem eve

As the wave of digitalization sweeps the globe, online transactions have become an integral part of people's lives. From waking up in the morning and ordering breakfast on a food delivery app to paying for your favorite items late at night, behind every touch of your finger lies a sophisticated syst

AUD/USD dipped slightly but remains within its multi-month 0.6400-0.6600 range, BBH FX analysts report, BBH FX analysts report. RBA minutes highlight path of gradual cuts "The RBA minutes of the August 12 policy meeting suggests more easing is in the pipeline. At that meeting, the RBA delivered on e

Asia market update: Trump social media posts again dominate Asia session in trade-heavy news day; US July Durable Goods tonight. General trend - The dollar dropped, while 2-year US Treasury yields lost -1.5bps (initially -3.5bps) even as the 30-year gained +5bps to 4.94% as Pres Trump fired, with im

Gold consolidates as investors price a 90% chance of September Fed rate cut, per Prime Market Terminal.Analysts at ING say Powell’s dovish tilt could drive Bullion toward another record high if bets materialize.Traders eye Durable Goods, GDP, Jobless Claims, and Core PCE for guidance on Fed’s next p

EU Mid-Market Update: Treading water until Walmart earnings and kick off of Jackson Hole Symposium; Meta AI unit hiring freeze confirmed by spokesperson. – Euro climbed after both French and German flash PMIs for Aug were stronger than expected (both 49.9), highest manufacturing readings in >2 ye

Important news for the day Thu, 21st, 09:30 CET DE Manufacturing PMI. Thu, 21st, 10:30 CET FR Manufacturing PMI. Thu, 21st, 15:45 CET US Manufacturing PMI. Peace talks While talks in the Eurozone in regards to peace in the Ukraine has been ongoing Putin seemingly continues to attack the country as w

The dollar has quietly gone a little bid this week. We're not sure what's driving it, but we wouldn't read too much into it at this stage. Perhaps it's just that sitting short dollars is expensive with one-week dollar rates still well above 4.00%, ING's FX analyst Chris Turner notes. Market moves ma

Asia market update: JPY, Oil softer as EU/UR to meet Trump Mon re RU/UR war; Nikkei fresh record high; US Steel & Chip tariffs this week along with focus on key events. General trend - Putin offered a glimmer of hope that Russia may soon be ready for peace, but “only if all Russia’s concerns are