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Forecast for Silver Prices: Ahead of the announcement of US Retail Sales, XAG/USD draws some buyers to about $32.50
Friday’s Asian session saw the price of silver (XAG/USD) move in positive territory for the third day in a row, hovering around $32.50. The white metal is still supported by mounting fears about US President Donald Trump’s tariff proposals. The US Retail Sales for January are due later this Friday, and traders are getting ready […]
AUD/USD consolidates toward the top-end of the 0.6100-0.6330 range (BBH)
BBH’s FX analysts remark that the AUD/USD is consolidating near the top of its year-to-date range of 0.6100-0.6330. RBA should begin easing at the next February 18 meeting. “In February, Australia’s Westpac-Melbourne Institute Consumer Sentiment Index remained basically constant at 92.2. While the headline print remained below the long-term average of 100.5, the forward-looking sub-indices […]
Silver Price Forecast: XAG/USD trades with a positive bias in the mid-$30.00s, a weekly high.
Silver (XAG/USD) attracted purchasing for the second day in a row on Wednesday, trading near the upper end of its weekly range, in the mid-$30.00s during the first half of the European session, up more than 0.40% for the day. Meanwhile, technical indications on the daily chart have resumed their upward trend, bolstering the possibilities […]