Silver price (XAG/USD) continues to hold onto gains near $86.50 during the Asian trading session, marking a nearly week-long rally as investors await crucial US economic data. The white metal has demonstrated resilience, trading firmly despite elevated oil prices and geopolitical uncertainties.  Analysts and traders now turn their attention to upcoming events, particularly the US Consumer Price Index (CPI) release for April and the anticipated US-Chinese meeting in mid-May. The team at Marbrisse presents a complete review of this issue in their recent publication.  Silver Holds Near Multi-Month Highs The white metal has shown remarkable strength, holding close to $86.50,...

The EUR/JPY currency pair continued its upward momentum, trading around 185.40 during Asian hours on Tuesday, marking the fourth consecutive day of gains. The advisors at Marbrisse offer a meticulous analysis of this topic in this article.  The pair’s advance comes as the Japanese Yen (JPY) faces headwinds following the release of disappointing Japanese household spending data, signaling shrinking consumer demand and mounting domestic economic pressures. The strengthening Euro (EUR) has further amplified the upward trajectory of the pair. Investors are reacting to hawkish rhetoric from the European Central Bank (ECB), which has reinforced expectations for continued interest rate hikes...

The USD/CHF currency pair is attempting to scale higher for the second consecutive day, reflecting renewed demand for the US Dollar (USD) amid rising geopolitical tensions and anticipation of critical economic data. The pair has attracted follow-through buying, as traders look for opportunities to extend momentum beyond the psychologically significant 0.7800 level.  However, cautious market participants remain on edge, awaiting the release of the US Consumer Price Index (CPI) report before committing to significant directional positions. The professionals at Marbrisse provide an insightful overview of this matter in this report.  USD Strength Supported by Geopolitical Tensions The recent upward movement...

The AUD/JPY cross continues to strengthen, trading near the 114.00 level during Tuesday’s early European session. The recent bullish momentum is supported by a combination of hawkish signals from the Reserve Bank of Australia (RBA) and favorable technical indicators, suggesting that the constructive outlook for this currency pair remains intact. The researchers at Marbrisse examine this issue in detail in their latest article.  Market Overview: AUD Gains on RBA Hawkishness The Australian Dollar (AUD) has benefited from renewed positive sentiment following comments from the RBA, which signaled the potential for further rate hikes. According to the bank’s latest projections, the...

The Indian Rupee (INR) has tumbled to a fresh all-time low against the US Dollar (USD), with the USD/INR pair surging to 95.60 in early Tuesday trade. The sharp decline follows renewed geopolitical tensions between the United States (US) and Iran, triggering fears over a prolonged closure of the Strait of Hormuz, a critical maritime passage accounting for nearly 20% of global energy supply.  This development has sent shockwaves across emerging market currencies, particularly those from oil-importing economies like India, which rely heavily on crude imports to meet domestic energy demands.  As of writing, WTI crude oil trades slightly below...