Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note the Canadian Dollar is slightly weaker but holding above 1.37, with USDCAD tracking broader Dollar moves. Their fair value estimate has edged up to 1.3625, reflecting less favourable drivers for the CAD. Technically, they see a broad consolidation, with strong resistance in the upper 1.36s and

Euro slipped in last session, adding to recent set of losses. Latest data showed that German economic confidence weakened in February after a strong rebound at the start of the year. The ZEW indicator of economic sentiment dropped to 58.3 in February from 59.6 in January, which was the highest since July 2021. This pulled

Silver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran. US-Iran talks remain unresolved, with Tehran citing a “general agreement” on the

Gold prices were flat in thin trading on Thursday after rising more than 2% a day earlier, as investors waited for key U.S. inflation data that could influence the Federal Reserve’s monetary policy path. Spot gold was steady at $4,980.60 per ounce by 0454 GMT. U.S. gold futures for April delivery were down 0.2% at