ETF inflows signal renewed interest – ING

ETF inflows signal renewed interest – ING

ING analysts Warren Patterson and Ewa Manthey report that Gold and Silver have rebounded after recent losses, supported by a weaker Dollar and easing geopolitical tensions. They note that Gold ETF flows have turned positive for three weeks, with six consecutive daily inflows lifting holdings to 99.3 moz, pointing to renewed investor interest after the […]

Canadian Dollar flat lines as traders await US PMI data

Canadian Dollar flat lines as traders await US PMI data

The USD/CAD pair trades on a flat note around 1.3670 during the early European session on Thursday. The pair steadies as traders await signs of diplomatic progress to end the war in the Middle East.   The US is extending the ceasefire with Iran at Pakistan’s request as US President Donald Trump waits for a […]

Turns upside down as market sentiment turns risk-off

Turns upside down as market sentiment turns risk-off

The AUD/USD pair gives up its early gains and trades 0.24% lower around 0.7145 during the Asian trading session on Thursday. The Aussie pair faces selling pressure as the market sentiment turns risk-averse, following Iranian attacks on three ships in the Strait of Hormuz, a vital passage to almost 20% of global energy supply. Australian […]