WTI remains stronger near $104 as Trump threats fuel supply fears
West Texas Intermediate (WTI) oil price steadies around $103.80 per barrel during the early European hours on Friday. WTI price gained over 10% as supply concerns intensified following renewed Iran threats from US President Donald Trump. President Trump warned of intensified military action on Iran over the next two to three weeks and issuing strong […]
broadly unchanged on April 3
Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $73.05 per troy ounce, broadly unchanged 0.00% from the $73.05 it cost on Thursday. Silver prices have increased by 2.76% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 73.05 1 Gram 2.35 The Gold/Silver […]
XAU/USD bears remain capped above the $4,600 area
Gold’s (XAU/USD) reversal from weekly highs at the $4,800 area remains contained above previous highs, in the area of $4,600, with the precious metal changing hands at $4,665 at the time of writing. This leaves the upside channel from March 23 lows still in play, as investors bid their time ahead of the US Nonfarm […]
NZD/USD hovers above mid-term lows at 0.5700 with US NFP on tap
The New Zealand Dollar (NZD) is showing the weakest performance among major currencies in an otherwise calm Good Friday session, with most markets closed on bank holidays. The Kiwi nudges lower against the US Dollar (USD), trading just a few pips above four-month lows, in the 0.5700 area, and with all eyes on the US […]
GBP/USD trades slightly higher in thin holiday trade ahead of US NFP
The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support. However, price action remains subdued amid thin liquidity conditions due to the Good Friday holiday, with trading activity likely to pick up during the American session as traders await the US Nonfarm […]
Euro consolidates within recent ranges, awaiting US employment figures
The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway through March’s trading range. Mild risk aversion is keeping Euro rallies in check […]
USD/JPY trades flat as markets await US jobs data
USD/JPY trades flat on Friday, fluctuating between minor gains and losses as thin holiday liquidity keeps price action subdued. At the time of writing, the pair is trading around 159.58, with traders staying on the sidelines ahead of the US Nonfarm Payrolls (NFP) report. The upcoming US jobs report is expected to show a mild […]
We can easily reopen the Hormuz Strait
United States President Donald Trump is on the wires on Good Friday, claiming on Truth Social that the US can easily reopen the Strait of Hormuz, take the oil, and make a fortune. With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE […]
EUR/USD holds steady despite strong US jobs data
EUR/USD trades in a tight range on Friday as a stronger-than-expected US Nonfarm Payrolls (NFP) report lends support to the US Dollar (USD), while the Euro (EUR) holds relatively steady amid thin liquidity conditions due to the Good Friday holiday. At the time of writing, the pair trades around 1.1534, remaining on the back foot […]
USD/CAD edges higher after strong US NFP
The USD/CAD rises some 0.14% on Friday after an outstanding employment report in the US, which nearly tripled economists’ projections, according to the US Bureau of Labor Statistics (BLS). At the time of writing, the pair trades at 1.3936 on thin liquidity trading as most global markets remain shut due to Good Friday. Strong payrolls […]
