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21 May 2025

ECB's Kazaks: ECB will soon reach terminal rate if baseline holds

European Central Bank (ECB) policymaker Martins Kazaks said on Wednesday, “the ECB will soon reach terminal rate if baseline holds.”

Additional quotes

  • Interest rate cuts are nearing an end assuming inflation stabilizes at 2% over the coming months.
  • It's important to analise alternative scenarios amid the trade uncertainty.
  • If either inflationary or deflationary risk scenario materialises, monetary policy will react accordingly.
May 21, 2025

Silver Price Forecast: XAG/USD bulls have the upper hand near $33.15-$33.20 area, over one-week top

Silver (XAG/USD) reverses an intraday dip to the $33.00 neighborhood and climbs to over a one-week high during the first half of the European session on Wednesday. The white metal currently trades around the $33.15-$33.20 region, up 0.20% for the day, and seems poised to appreciate further.
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May 21, 2025

USD: Hoping for some positive headlines from Canada – ING

Periods of data silence often serve as a useful gauge of the market’s underlying bias in FX.
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