


ChartMage
EssentialSilver fell to $30 per ounce on Wednesday, extending losses as the dollar rebounded amid Trump’s escalating tariff threats. Trump announced tariffs on chips, pharmaceuticals, steel, aluminum, and copper to boost domestic production. Traders remained cautious ahead of the February 1 tariff deadline for China, Mexico, and Canada. Meanwhile, the Fed is expected to...
The British Pound fell to $1.244 from a three-week high after Trump’s tariff threats on semiconductors, pharmaceuticals, and steel fueled dollar strength. Markets focused on central bank policies, with the Fed expected to hold rates and the ECB likely to cut by 25bps. In the UK, the BoE is still expected to cut rates in February despite strong PMI data. The first...
The yen trades around 155.6 per dollar, slipping after Tuesday’s loss as investors await the Fed’s policy decision. The central bank is expected to hold rates steady despite Trump’s calls for immediate cuts. Trump’s escalating tariff threats added pressure, while safe-haven demand linked to a low-cost Chinese AI model faded. BOJ minutes showed a cautious stance...
EUR/USD trades around 1.0440, while the Dollar Index holds at 107.9 as investors await the Fed’s policy decision. The central bank is expected to keep rates unchanged, with a focus on Powell’s remarks and inflation outlook for rate cut signals. Trump's call for immediate rate cuts adds pressure, while traders await Friday’s PCE inflation report. The dollar...
Gold trades around $2,765 per ounce, extending its recovery as US tariff uncertainty increases safe-haven demand. Trump announced tariffs on computer chips, pharmaceuticals, and steel, while the White House confirmed plans for Canada and Mexico tariffs on February 1, with China also under consideration. Investors now await the Fed’s policy meeting, where rates...