Silver (XAG/USD) price edges up over 0.50% during Friday’s session, after bouncing off a daily low of $73.95. Speculation about a resumption of negotiations between Washington and Tehran is cheered by investors, which pushed US equities higher in … [Continue reading]
PHP: BSP tightening supports Peso but risks linger – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note the central bank of Philippines Bangko Sentral ng Pilipinas' (BSP) 25bp hike to 4.5% and guidance that further increases are possible as inflation forecasts are revised higher and second-round … [Continue reading]
Ethereum Weekly Price Forecast: EF offloads 10K ETH to BitMine as ETFs break inflow streak
Ethereum price today: $2,320The Ethereum Foundation sold 10,000 ETH to BitMine via an OTC transaction.Ethereum ETFs ended their 10-day inflow streak after recording $75.9 million in net outflows.ETH is retesting a key trendline support, reinforced by … [Continue reading]
BoC: Cautious hold and two‑sided risks – TD Securities
TD Securities strategists, including Andrew Kelvin and colleagues, expect the Bank of Canada to keep the Overnight Rate at 2.25% through the April meeting and likely for the rest of 2026. They see the Bank striking a more balanced but still cautious … [Continue reading]
Iran’s Araghchi tours three capitals with 450kg of leverage; is Trump boxed in?
Iran's Foreign Minister Abbas Araghchi landed in Islamabad on Friday evening to open the long-delayed second round of talks with the US, and special envoy Steve Witkoff and senior adviser Jared Kushner are due in on Saturday morning. The optics point … [Continue reading]
United States UoM 1-year Consumer Inflation Expectations came in at 4.7%, below expectations (4.8%) in April
Gold trades little-changed on the day near $4,700 after having touched a fresh 10-day low below $4,660 earlier in the day and looks to end the week in negative territory. Intensifying US-Iran tensions over the Strait of Hormuz and the lack of … [Continue reading]
Oil: Supply risks and stagflation fears – Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen notes that Oil prices have risen, with Brent futures around $106, as Middle East tensions and disruptions in the Strait of Hormuz intensify. He highlights that futures are underpricing supply risks to … [Continue reading]
Crypto Overview: Zcash, Chiliz, and Algorand extend gains as Bitcoin holds above $78,000
The broader cryptocurrency market retains its newfound risk appetite as Bitcoin (BTC) holds above $78,000 on Friday, despite the US-Iran peace negotiations becoming volatile. Meanwhile, Zcash (ZEC), Chiliz (CHZ), and Algorand (ALGO) emerge as top … [Continue reading]
Japan Corporate Service Price Index (YoY) rose from previous 2.7% to 3.1% in March
EUR/USD fell towards the 1.1670 area level in the American session, following headlines coming from Iran indicating that Iran's Parliament Speaker Ghalibaf has resigned from the negotiating team, according to Israel's N12 News. The United … [Continue reading]
GBP/JPY Price Forecast: Rejected at 216.00, risks deepen below 215.00
GBP/JPY advance stalls around 215.70, then retreats to 215.00 as risk appetite deteriorates amid Middle East headlines, leaving traders uncertain about the conflict's outcome. The cross trades at 215.06 at the time of writing.GBP/JPY Price Forecast: … [Continue reading]