The price of Silver (XAGUSD) rebounds strongly above $34.00 in Thursday’s European session after declining to near $33.40 on Wednesday. The white...
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Silver slumped below Monday’s close and was near $29.40 in Tuesday’s New York trading. XAGUSD faces selling pressure as the US dollar has bounced back strongly after correcting on Monday. The DXY Dollar Index, which tracks the greenback’s value against six major currencies, rebounded from 105.40. The dollar recovered as investors become doubtful over the Fed interest rate outlook. Currently, markets expect that the Federal Reserve will start reducing interest rates from the September meeting and subsequent rate cuts will be announced in the November or December meeting. However, Fed policymakers argue in favour of maintaining interest rates at their
The price of Silver (XAGUSD) rebounds strongly above $34.00 in Thursday’s European session after declining to near $33.40 on Wednesday. The white...
See Black Market Dollar Vs Naira Exchange Rate Today 4th November 2024—-What is the Dollar to Naira Exchange rate at the black market also known...
The dollar rose, weighing on Asian shares as risk appetite stayed subdued given the prospect of less aggressive Federal Reserve interest rate cuts.
EURUSD is trading close to a fresh 11-week low near the round-level support of 1.0800 in Tuesday’s European session. The major currency pair is...
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Silver vs gold: Silver has outperformed traditional equities, with a 33.65% rise since early 2024 and a 12.5% gain in the past month. Analysts suggest...
Silver continues its winning streak for the sixth consecutive day, trading around $34.10 per troy ounce during the Asian session on Tuesday. The...