Silver Price Forecast: XAG/USD rallies above $33 despite Trump tariff fears ease
Silver Price Forecast: XAG/USD rallies above $33 despite Trump tariff fears ease
Silver price (XAG/USD) surges over 2.5% to near $33.30 in Friday’s North American session, the highest level seen in more than three months.
Silver
XAGUSD
Fed
DollarIndex
TradeWar
ForexLive European FX news wrap: A breather before US retail sales, more Trump headlines
ForexLive European FX news wrap: A breather before US retail sales, more Trump headlines
Forex news from the European morning session on Feb 14, 2025
Session wrap
Wrap Europe
US Dollar set for a weekly loss over 1.5% in horror January Retail Sales result
US Dollar set for a weekly loss over 1.5% in horror January Retail Sales result
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is devaluing substantially towards 106.50 at the time of writing, amounting to over 1.5% loss on the week since Monday. United
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
NZD/USD Price Forecast: Refreshes two-week high near 0.5700
NZD/USD Price Forecast: Refreshes two-week high near 0.5700
The NZD/USD pair posts a fresh over two-week high around 0.5700.
NZDUSD
RBNZ
DollarIndex
Fed
TradeWar
DXY: Bulls are squeezed – OCBC
DXY: Bulls are squeezed – OCBC
US Dollar (USD) longs are caught wrongfooted. Even as Trump signed an executive order to impose reciprocal tariffs, they will not come into effect until 1 Apr.
DollarIndex
TradeWar
Banks
USD/JPY extends downside to near 152.60 as USD weakens across the board
USD/JPY extends downside to near 152.60 as USD weakens across the board
The USD/JPY pair falls further to near 152.60 in Friday’s European session.
USDJPY
BOJ
Fed
RiskAppetite
InterestRate
EUR/USD gains on delay in Trump’s reciprocal tariffs, poor US Retail Sales data
EUR/USD gains on delay in Trump’s reciprocal tariffs, poor US Retail Sales data
EUR/USD extends its winning streak for the fourth trading session on Friday.
EURUSD
ECB
Fed
RiskAppetite
SEO
Eurozone GDP rises 0.1% QoQ in Q4 2024, beating the preliminary estimate
Eurozone GDP rises 0.1% QoQ in Q4 2024, beating the preliminary estimate
The Eurozone economy witnessed a growth of 0.1% in the quarter to December of 2024, surpassing the preliminary reading of 0%, the second estimate released by Eurostat showed on Friday.
EURUSD
EconomicIndicator
GDP
Employment
Eurozone
Eurozone Q4 preliminary GDP +0.1% vs 0.0% q/q expected
Eurozone Q4 preliminary GDP +0.1% vs 0.0% q/q expected
Latest data released by Eurostat - 14 February 2025
European Commission: US President Trump’s reciprocal tariffs are a step in the wrong direction
European Commission: US President Trump’s reciprocal tariffs are a step in the wrong direction
Responding to US President Donald Trump’s reciprocal tariffs plan on Friday, the European Commission noted that “Trump's reciprocal tariffs are a step in the wrong direction.” Additional takeaways The European Union (EU) remains committed to an open and predictable global trading system that benefits everyone.
TradeWar
Eurozone
UnitedStates
EURUSD
EU says Trump's reciprocal tariffs are a step in the wrong direction
EU says Trump's reciprocal tariffs are a step in the wrong direction
The European Commission is out with an opening salvo of commentary in response to Trump
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver
Commodities
Metals
China January M2 money supply +7.0% vs +7.2% y/y expected
China January M2 money supply +7.0% vs +7.2% y/y expected
Latest November credit data for January 2025 has been released
Crude Oil price today: WTI price bullish, according to FXStreet data
Crude Oil price today: WTI price bullish, according to FXStreet data
West Texas Intermediate (WTI) Oil price advances on Friday, according to FXStreet data.
WTI
Oil
Commodities
Bullish
Pound Sterling gains further against USD as US Retail Sales decline faster-than-expected
Pound Sterling gains further against USD as US Retail Sales decline faster-than-expected
The Pound Sterling (GBP) posts a fresh eight-week high around 1.2600 against the US Dollar (USD) in Friday’s North American session.
GBPUSD
BOE
Fed
GDP
SEO
European indices take a chill pill to start the final trading day of the week
European indices take a chill pill to start the final trading day of the week
It's been yet another blazing week for European stocks in general
Stocks
Spain January final CPI +2.9% vs +3.0% y/y prelim
Spain January final CPI +2.9% vs +3.0% y/y prelim
Latest data released by INE - 14 February 2025
WTI rises to near $71.50 amid increasing fuel demand
WTI rises to near $71.50 amid increasing fuel demand
West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per barrel during early European hours on Friday.
Oil
WTI
Macroeconomics
Commodities
What are the main events for today?
What are the main events for today?
The US Retail Sales data is the main highlight
market overview
Switzerland January producer and import prices +0.1% vs 0.0% m/m prior
Switzerland January producer and import prices +0.1% vs 0.0% m/m prior
Latest data released by the Federal Statistics Office - 14 February 2025
Eurostoxx futures -0.3% in early European trading
Eurostoxx futures -0.3% in early European trading
A stuttering end to yet another flourishing week?
Stocks
Forex Today: Eurozone GDP and US Retail Sales data to wrap up volatile week
Forex Today: Eurozone GDP and US Retail Sales data to wrap up volatile week
Here is what you need to know on Friday, February 14: The US Dollar holds steady in the European morning on Friday after suffering large losses against its major rivals on Thursday.
Majors
Currencies
Macroeconomics
EconomicIndicator
Commodities
Germany January wholesale price index +0.9% vs +0.1% m/m prior
Germany January wholesale price index +0.9% vs +0.1% m/m prior
Latest data released by Destatis - 14 February 2025
EUR/GBP weakens below 0.8350 ahead of Eurozone GDP data
EUR/GBP weakens below 0.8350 ahead of Eurozone GDP data
The EUR/GBP cross trades in negative territory for the second consecutive day around 0.8325 during the early European session on Friday.
EURGBP
Crosses
Macroeconomics
US Dollar Index holds position above 107.00 ahead of Retail Sales figures
US Dollar Index holds position above 107.00 ahead of Retail Sales figures
The US Dollar Index (DXY), which tracks the US Dollar's (USD) performance against six major currencies, remains stable after losses in the previous session.
DollarIndex
UnitedKingdom
Fed
Macroeconomics
China president Xi set to chair symposium with business leaders next week - report
China president Xi set to chair symposium with business leaders next week - report
Reuters reports, citing three people with knowledge of the meeting
A calmer mood ahead of European trading
A calmer mood ahead of European trading
The risk rally is biding its time after the jump yesterday
market overview
FX option expiries for Feb 14 NY cut
FX option expiries for Feb 14 NY cut
FX option expiries for Feb 14 NY cut at 10:00 Eastern Time via DTCC can be found below.
Options
Currencies
EUR/JPY depreciates to near 159.50 as Japanese Yen rises amid hawkish BoJ
EUR/JPY depreciates to near 159.50 as Japanese Yen rises amid hawkish BoJ
EUR/JPY continues to lose ground for the second successive session, trading around 159.60 during the Asian hours on Friday.
EURJPY
Crosses
Macroeconomics
Japan
Eurozone
USD/CHF strengthens to near 0.9050 as traders brace for US Retail Sales release
USD/CHF strengthens to near 0.9050 as traders brace for US Retail Sales release
The USD/CHF pair gains ground to around 0.9045 during the early European session on Friday.
USDCHF
Majors
Macroeconomics
SNB’s Tschudin: Policy choices include FX intervention and negative rates
SNB’s Tschudin: Policy choices include FX intervention and negative rates
Swiss National Bank (SNB) Petra Tschudin commented on the policy outlook on Friday.
SNB
CentralBanks
InterestRate
ForexLive Asia-Pacific FX news wrap: USD/JPY with a small bounce
ForexLive Asia-Pacific FX news wrap: USD/JPY with a small bounce
Forex news for Asian trading on Friday, February 14, 2025
Session wrap
Wrap Asia
Silver Price Forecast: XAG/USD attracts some buyers to near $32.50 ahead of US Retail Sales release
Silver Price Forecast: XAG/USD attracts some buyers to near $32.50 ahead of US Retail Sales release
Silver price (XAG/USD) trades in positive territory for the third consecutive day near $32.50 during the Asian session on Friday.
Silver
Macroeconomics
XAGUSD
Commodities
EUR/USD stays silent around 1.0450 ahead of Eurozone GDP data
EUR/USD stays silent around 1.0450 ahead of Eurozone GDP data
EUR/USD holds steady around 1.0460 during Asian trading hours on Friday, following three consecutive sessions of gains.
EURUSD
Majors
Macroeconomics
Eurozone
The US Department of Veterans Affairs has dismissed more than 1,000 employees
The US Department of Veterans Affairs has dismissed more than 1,000 employees
A late evening announcement from the US administration
Politics
GBP/USD moves little around 1.2550 ahead of US Retail Sales data
GBP/USD moves little around 1.2550 ahead of US Retail Sales data
GBP/USD remains steady around 1.2560 during the Asian hours on Friday following gains in the previous session.
GBPUSD
Macroeconomics
Majors
UnitedKingdom
TikTok has returned to US app stores - Apple and Google
TikTok has returned to US app stores - Apple and Google
Follows a letter from the Trump admin
Politics