Silver Price Forecast: XAG/USD plummets below $48 on US-China trade deal optimism
Silver price plunges to near $47.80 as US-China trade deal optimism has diminished safe-haven demand. US Secretary Bessent expresses that Washington won’t proceed with 100% additional tariffs on China. Soft…
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USD/JPY claws back early losses and rebounds to near 150.20 as US Dollar recovers
USD/JPY recovers early losses as the US Dollar rebounds from the 10-day low. US-China trade tensions improve the safe-haven demand of the Japanese Yen. Fed dovish bets have escalated amid…
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AUD/USD dives over 1% to near 0.6440 as Australian Dollar underperforms across the board
AUD/USD plunges to near 0.6440 as the announcement of additional port fees by China has battered the Australian dollar. RBA minutes showed that policymakers see signs of sticky inflationary pressures.…
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NZD/USD Price Forecast: Continues to underperform on RBNZ’s dovish policy
NZD/USD faces selling pressure as the New Zealand Dollar underperforms its peers. The RBNZ reduced its OCR surprisingly by 50 bps to 2.5% on Wednesday. Investors await Fed Powell’s speech…
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