XAG/USD climbs on US-Iran ceasefire extension

XAG/USD climbs on US-Iran ceasefire extension

Silver (XAG/USD) advances on Wednesday and trades around $77.70 at the time of writing, up 1.33% on the day. Silver is recovering after recent weakness as investors remain cautious amid persistent geopolitical tensions in the Middle East. Market sentiment remains largely driven by developments surrounding the conflict between the United States (US) and Iran. US […]

Consolidation holds ahead of BoJ decision – Scotiabank

Consolidation holds ahead of BoJ decision – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is flat against the US Dollar (USD), underperforming G10 peers in subdued trading. USD/JPY price action suggests consolidation in a 157.50–160.50 band, with a flat RSI signaling limited momentum. A weaker trade balance on higher energy imports and Friday’s Consumer Price Index […]

BoE seen on hold as prices rise – ING

BoE seen on hold as prices rise – ING

ING’s James Smith notes that UK inflation rose to 3.3% in March on higher fuel costs and is likely to move towards 3.5–4% later in 2026, helped by July’s increase in household energy bills. Using ING’s Oil and natural gas assumptions, he expects inflation to peak slightly above 4%, but still sees no Bank of […]

Hovering around 0.7800 as bears lose steam

Hovering around 0.7800 as bears lose steam

The US Dollar (USD) posts moderate losses against the Swiss Franc (CHF) on Wednesday, but remains trading within previous ranges, with price action fluctuating around 0.7800, halfway through the weekly trading band. A cautious market mood, as hopes of a swift end to the US-Iran war wane, is keeping US Dollar crosses steady on Wednesday. […]