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Silver Price Forecast: XAG/USD remains capped below 100-day SMA, downside risks persist
Silver (XAG/USD) trades on the front foot on Monday, supported by a pullback in US Treasury yields as traders reassess the Federal Reserve’s (Fed) monetary policy path. At the time of writing, XAG/USD is trading around $70.50, up nearly 1.0% on the day.Fxstreet
Mon, Mar 30
Japan told G7 it was watching markets with high sense of urgency
TOKYO, March 30 (Reuters) - Japan told its G7 counterparts it was watching market moves with a very high sense of urgency as oil futures fluctuations were affecting currency moves and having dire effects on people's livelihoods, Finance Minister Satsuki Katayama said on Monday."The likelihoo...Reuters
Mon, Mar 30
FOREX-Dollar approaches 10‑month high on Middle East escalation concerns
Dollar headed for sharpest monthly gain since July Yen close to 160 after Japan steps up intervention threatsECB rate expectations support the single currencyBy Stefano Rebaudo March 30 (Reuters) - The dollar was near a 10‑month high on Monday and heading for its biggest monthly gain since last J...Reuters
Mon, Mar 30
USD/CAD extends six-day advance as geopolitical tensions bolster US Dollar
USD/CAD trades around 1.3910 on Monday at the time of writing, up 0.12% on the day and extending its winning streak to six consecutive days. The pair is supported by a stronger US Dollar (USD) amid rising geopolitical tensions in the Middle East.
Fxstreet
Mon, Mar 30
Swiss cling on to cash as survey shows payment app use stalling
ZURICH, March 30 (Reuters) - Mobile payment app usage stalled in Switzerland last year, a Swiss National Bank survey showed on Monday, with cash remaining popular as a way of paying for goods and services in person.A large majority of respondents in the survey were in favour of the continued use of ...Reuters
Mon, Mar 30
Sterling slides to more than 3-week low against euro, drops vs dollar
By Stefano Rebaudo March 30 (Reuters) - Sterling slid to its weakest level in more than three weeks against the euro and was on track for a fifth consecutive daily loss versus the dollar, as investors fretted about the impact of the Iran war on the British economy.The dollar was near a 10‑month h...Reuters
Mon, Mar 30
EUR/GBP steady as geopolitical tensions, German inflation risks cap moves
EUR/GBP trades around 0.8680 on Monday at the time of writing, virtually unchanged on the day. Price action remains limited as investors adopt a cautious stance amid rising geopolitical tensions in the Middle East and ahead of key inflation data from Germany.
Fxstreet
Mon, Mar 30
SNB: Settlement Of Repo Transactions, Bills To Remain Unchanged At T+2 Even After Migration To T+1 Settlement Cycle
March 30 (Reuters) - Schweizerische Nationalbank SNBN.S:SNB: SETTLEMENT OF SNB REPO TRANSACTIONS AND SNB BILLS TO REMAIN UNCHANGED AT T+2 EVEN AFTER MIGRATION TO T+1 SETTLEMENT CYCLESNB: CHANGE IS SET TO TAKE EFFECT FROM 11 OCTOBER 2027SNB: TOGETHER WITH EU, THE EEA AND THE UK, SWITZERLAND WILL SHOR...Reuters
Mon, Mar 30
