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The Taiwanese dollar weakened past 30 per USD on Tuesday, reversing a two-day rally and retreating from its strongest level in nearly three years. 📉 Recent gains in Asian currencies like the TWD and MYR were fueled by speculation over regional support for U.S. trade talks. However, Taiwan’s central bank denied any such coordination, stating the U.S. made no...

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Silver (XAG/USD) held steady on Tuesday, underpinned by safe-haven demand as U.S. tariff tensions and global growth concerns persisted. Although the U.S. dollar saw a slight recovery, silver maintained its ground with markets focused on the upcoming Federal Reserve policy decision. Expectations for unchanged rates and possible future easing could continue to lend...

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Gold climbed to nearly $3,360 per ounce on Tuesday, marking its highest level in over a week, as renewed tariff threats from President Trump increased safe-haven demand. Trump announced a 100% tariff on foreign films and signaled upcoming measures targeting pharmaceuticals. Investors are now focused on the Federal Reserve’s policy decision, with rates expected to...

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Sterling fell 0.24% to $1.3265 on Tuesday as the U.S. dollar firmed ahead of the Federal Reserve’s policy decision, with rates expected to remain unchanged. While the dollar recovered slightly, doubts over its safe-haven appeal and Trump’s tariff stance persist. Markets also await the Bank of England’s meeting, where a 25 bps rate cut is expected. Dovish signals...

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The euro is trading around $1.1315 on Tuesday, pressured by a stronger U.S. dollar ahead of the Federal Reserve’s policy decision, where rates are expected to remain unchanged. However, the dollar still faces headwinds from doubts over its safe-haven appeal and President Trump’s unpredictable tariff stance. A dovish Fed or continued skepticism toward the dollar...

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The Japanese yen edged lower toward 144 per dollar on Tuesday, as the U.S. dollar strengthened amid optimism over potential U.S.-China trade talks and investor caution ahead of the Federal Reserve’s policy decision. President Trump suggested a possible reduction in tariffs on Chinese goods. Meanwhile, the Bank of Japan held rates steady but revised its growth and...

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Silver prices dropped over 1% on Thursday, slipping to around $32 per ounce, dragged by reduced safe-haven demand following Trump's optimistic remarks on potential trade deals with China, India, Japan, and South Korea. Weak economic data further pressured prices, with the U.S. economy contracting by 0.3% and China’s manufacturing PMI falling to a 16-month low,...

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Gold is hovering near $3,250/oz, on track for its worst week in over two months. Signs of easing tensions, China’s openness to trade talks and Trump’s remarks on deals with India, Japan, and South Korea, have weakened gold's demand. Adding pressure, the U.S. economy contracted in Q1, and March PCE inflation was flat. Markets now turn their attention to the...

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The British pound rose to $1.332, near its highest level since February 2022, supported by a weaker U.S. dollar. Sterling gained 3.2% in April, its best month since November 2023. The UK is seen as less exposed to U.S. tariffs, which President Trump has delayed until July. In 2024, the U.S. ran a $12 billion goods surplus with the UK, unlike its deficits with...

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The euro dipped toward $1.13 on May 1 after a 5% April gain, as the dollar found support in Trump’s optimism about trade deals with India, Japan, South Korea, and China. Markets awaited Friday’s U.S. jobs data for Fed policy clues. The U.S. economy shrank 0.3% in Q1, partly due to import spikes ahead of expected tariffs. Meanwhile, the Eurozone grew 0.4%, driven...

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The yen hovered near 146 per dollar Friday after a 1.6% drop, pressured by weaker safe-haven demand amid improving US-China trade prospects. China is open to talks after repeated U.S. outreach, while Japan and the U.S. wrapped up a second round of bilateral talks, aiming for a June deal. Domestically, Japan’s jobless rate rose to 2.5% in March, but the labor...

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Silver (XAG/USD) slipped to around $33.00 on Tuesday as safe-haven demand eased amid improving U.S.-China trade sentiment and a stronger U.S. dollar. Optimism grew after Trump suggested tariff rollbacks and China granted exemptions. Treasury Secretary Bessent confirmed ongoing talks and positive proposals. Markets now await key US data, Q1 GDP, PCE inflation, and...

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Gold fell below $3,330 per ounce on Tuesday as investors monitored tariff talks and awaited key economic data. Treasury Secretary Scott Bessent said many top U.S. trading partners made "very good" tariff proposals and noted China’s tariff exemptions signal de-escalation efforts. He stressed it is now up to China to act. A modest rebound in the U.S. dollar also...

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GBP/USD dipped to approximately 1.3425 during early Asian trading on Tuesday, as a slight rebound in the U.S. dollar put pressure on the pair. The dollar was supported by easing U.S.-China trade tensions, following China’s decision to exempt certain U.S. imports from tariffs, despite its denial of ongoing negotiations. Meanwhile, expectations of a 25 basis point...

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The EUR/USD dipped to around 1.1415 in early Asian trading Tuesday as the Euro weakened on rising expectations of an ECB rate cut in June. Reuters cited growing confidence among policymakers, with Olli Rehn suggesting rates could fall below neutral. Investors are also watching US-China trade developments ahead of Friday’s Nonfarm Payrolls. President Trump claimed...

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The Japanese yen edged closer to 144 per dollar on Monday, continuing last week’s decline as global trade sentiment improved and the dollar strengthened. Markets responded to a private meeting between Japan’s Finance Minister Kato and U.S. Treasury Secretary Bessent, during which both parties stressed the importance of ongoing discussions on currency matters....

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Silver is trading around $33.50 on Friday morning, continuing to show greater sensitivity to macroeconomic shifts and trade news due to its dual role as both a precious and industrial metal. Recent price movements were shaped by mixed signals in U.S.-China trade relations. Although the Trump administration reportedly considered tariff reductions, Treasury...

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Gold is trading near $3,330 on Friday and is on track to record its third consecutive weekly gain. The increase in prices is primarily driven by heightened safe-haven demand, as uncertainty surrounding a potential U.S.-China trade agreement continues to weigh on investor sentiment. Although Chinese officials have publicly denied the continuation of negotiations,...