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EUR/USD surges above 1.1600 due to easing risk aversion following dovish Fedspeak
Friday, 18 July 2025 10:42 WIB | EuroDolar

EUR/USD recovers its recent losses registered in the previous day, trading around 1.1630 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground amid easing risk sentiment following the dovish remarks from Federal Reserve (Fed) officials. Moreover, Financial markets are now pricing in a September starting date for rate cuts, and Fed officials penciled in two easing moves later this year, according to Reuters. San Francisco Fed President Mary Daly stated that two rate cuts this year are a "reasonable" outlook, while cautioning against waiting too long....

Silver Price Forecast: XAG/USD struggles near $38.00 due to diminished odds of Fed cuts
Friday, 18 July 2025 12:06 WIB | SILVER

Silver price (XAG/USD) holds mild losses after two days of gains, trading around $38.20 per troy ounce during the Asian hours on Friday. The non-interest-bearing Silver attracts some sellers as the upbeat economic data from the United States (US) has dampened the likelihood of the Federal Reserve (Fed) easing monetary policy. It is important to note that higher interest rates make precious metal Silver less attractive for investors seeking higher returns. US Retail Sales rose by 0.6% month-over-month in June versus -0.9% prior. This figure came in above the market consensus of 0.1%....

Oil Climbs Again as Traders Weigh Signals of Near-Term Tightness
Friday, 18 July 2025 12:29 WIB | Oil,

Oil headed for a back-to-back daily gain after US data showed the world's largest economy holding up despite the fallout from the Washington-led trade war, while market metrics pointed to near-term tightness. Global benchmark Brent rose toward $70 a barrel after adding more than 1% in the previous session, while West Texas Intermediate was near $68. In wider markets, strong US data eased concerns about the economy, helping to underpin a risk-on mood and global equity rally. Asian stocks advanced. Crude futures, as well as those for gasoil, remain in backwardation in the nearer months of...