Author: Admin

Silver forms double-bottom near key support, signaling a potential breakout above $37.31.Doji candle and thin US holiday volume suggest pause, not reversal.Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00.Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were closed for a holiday. The market mood turned slightly sour as headlines surrounding the US trade war, with its trading patterns taking center stage, following the approval of the One Big Beautiful Bill.XAG/USD Price Forecast: Technical OutlookFrom a technical standpoint, the grey metal is pausing its advance, although…

Read More

Highlights include Trump trade deadlines, FOMC Minutes, OPEC+, RBA, RBNZ, UK GDP and Canada jobs   Newsquawk Week Ahead: Highlights 7-11th July 2025 SAT: OPEC MEETING MON: German Industrial Output (May), Swedish CPIF Flash (Jun), EZ Sentix (Jul), Retail Sales (May), US Employment Trends (Jun) TUE: RBA & RBNZ Policy Announcements, EIA STEO; German Trade Balance (May), US NFIB (Jun) WED: “Liberation Day” Tariffs take effect (end of 90-day suspension), EU-US Tariff Negotiation Deadline (50% duty on all EU mimports), FOMC Minutes (Jun); Chinese CPI (Jun), PPI (Jun), US Wholesale Sales (May) THU: BoK Policy Announcement; Norwegian CPI (Jun), US…

Read More

Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 402.86 Saudi Riyals (SAR) per gram, up compared with the SAR 401.07 it cost on Thursday. The price for Gold increased to SAR 4,698.82 per tola from SAR 4,677.96 per tola a day earlier. Unit measure Gold Price in SAR 1 Gram 402.86 10 Grams 4,028.55 Tola 4,698.82 Troy Ounce 12,530.20   FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates…

Read More

FX option expiries for Jul 3 NY cut at 10:00 Eastern Time vi a DTCC can be found below.EUR/USD: EUR amounts1.1550 3.4b1.1600 5.6b1.1625 1.9b1.1650 1.4b1.1700 4.3b1.1725 1.4b1.1750 2.6b1.1770 1.3b1.1775 3.2b1.1800 8.4b1.1825 1.7b1.1850 2.4b1.1900 1.8bGBP/USD: GBP amountsUSD/JPY: USD amounts                                 142.00 1.5b144.00 1b144.50 1b145.00 1.8bAUD/USD: AUD amounts0.6500 1b0.6550 622m0.6600 1.4bUSD/CAD: USD amounts       1.3500 1.1b1.3600 2.5b1.3725 956mEUR/GBP: EUR amounts        0.8500 517m0.8590 473m0.8640 523m

Read More

Gold price stalls ahead of Thursday’s Nonfarm Payrolls (NFP) report for clues on the health of the US labour market.Fiscal concerns continue to rise as Trump’s tax bill moves to the next stage. If passed, the budget deficit is expected to rise, which could boost demand for Gold.XAU/USD lingers below $3,350 as momentum indicators remain steady above neutral territory.Gold (XAU/USD) price is trading in a tight range as traders digest Wednesday’s Automatic Data Processing (ADP) employment data and look ahead to Thursday’s Nonfarm Payroll (NFP) report.With XAU/USD hovering near $3,340 at the time of writing, US President Trump’s tax bill…

Read More