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Market News
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Euro remains weaker against Canadian Dollar as German PPI falls in June
EUR/CAD holds losses as the Euro weakens following the release of Germany’s Producer Price Index data.Monthly German PPI fell a steeper-than-expected 0.3%, reversing May’s gain for the first drop since February.The Canadian Dollar gains as oil prices rise amid escalating US-Iran hostilities, sparking global supply disruption concerns. EUR/CAD remains in negative territory after paring daily
July 20, 2026 -
Euro: Hawkish ECB tone could limit downside against US Dollar – Commerzbank
Commerzbank’s Thu Lan Nguyen expects EUR/USD to see limited drivers from United States (US) data or Federal Reserve (Fed) communication this week, putting focus on the European Central Bank (ECB). With markets already pricing a September hike, she argues that how hawkish the ECB sounds on inflation and future tightening will be key for Euro
July 20, 2026 -
Silver Price Forecast: XAG/USD bulls await breakout through trend-line hurdle near $57.25
Silver (XAG/USD) sticks to its modest intraday gains during the early European session on Monday and currently trades just below the $57.00 mark, up over 1.50% for the day. The white metal, however, remains within striking distance of its lowest level since December 2025, around the $54.80-$54.75 region touched on Friday, amid a mixed technical
July 20, 2026 -
Gold and silver prices face pressure amid strong US data
Gold and silver markets are balancing between strong central bank gold purchases and expectations that the US Federal Reserve will keep interest rates high due to robust US economic data and rising oil prices from Middle East conflicts. Central banks added 41 tonnes of gold in May, led by Poland and China, signaling long-term demand.
July 20, 2026
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