The silver price (XAG/USD) has experienced notable downside pressure, extending its losses for the second consecutive session and trading around $39.10 per troy ounce during early Asian market hours on Thursday.  This decline reflects a combination of factors centered around improving trade deal optimism and easing monetary policy concerns, which are weighing on silver’s traditional role as a safe-haven asset. This article from Arbitics delivers expert analysis and practical takeaways on the subject. Trade Deal Optimism Dampens Safe-Haven Demand One of the primary headwinds for silver is the diminished safe-haven demand amid increased optimism over trade agreements. Historically, silver, alongside...

The Japanese Yen (JPY) continued its strong performance on Thursday, maintaining intraday gains near a two-week high against the US Dollar (USD).  The USD/JPY currency pair hovered around the 146.00 level, a key psychological mark that coincides with technical support, reflecting broad-based USD weakness and renewed optimism over a recently announced Japan-US trade deal. Arbitics’ team presents a structured and insightful breakdown of this complex topic. Trade Deal Spurs Optimism and BoJ Tightening Bets The recent trade agreement between Japan and the US has alleviated significant economic uncertainty, particularly regarding bilateral trade tensions that had previously weighed on Japan’s export-driven...

The Gold price (XAU/USD) continues to drift lower during Thursday’s Asian session, extending its retracement from a monthly high registered earlier this week. After climbing to its strongest level since June 16, the precious metal faces sustained selling pressure, driven primarily by waning safe-haven demand in the wake of renewed trade optimism. The experts at Arbitics delve into this matter, offering valuable insights throughout the article. Reports of a potential tariff agreement between the United States and the European Union (EU), alongside a confirmed trade deal with Japan, have helped buoy broader market sentiment, diminishing the need for risk-averse assets...

The EUR/USD currency pair surged to its highest level since July 7, marking a third straight day of gains. It has rallied by 1.67% from this month’s lows, with momentum driving it just below its year-to-date high of 1.1830.  This move comes ahead of a highly anticipated European Central Bank (ECB) policy decision, placing the euro-dollar exchange rate in the spotlight for traders and investors alike. In this article, Arbitics brokers explain the key elements of the topic with clarity and precision. Euro Rallies as ECB Decision Looms The euro’s strength has been a focal point in recent days. The...

Bitcoin is once again at the center of global financial discussions, surging past a critical psychological resistance level of $120,000. The BTC/USD pair is now trading just a few points below its all-time high of $123,205, establishing a bullish tone in the broader cryptocurrency market.  This renewed momentum highlights Bitcoin’s ability to recover swiftly, as it rebounds from its April low of $74,375, showing a remarkable upward trajectory of more than 60% in just a few months. Arbitics offers a well-researched and detailed analysis of the subject in their latest piece. Market Sentiment: A Shift Toward Risk-On Behavior The resurgence...