Silver price plunges to near $23.15 as appeal for bullions fade ahead of FOMC minutes. Investors reconsider Fed’s rate cut bets amid robust US economic prospects. More downside in Silver is likely amid a H&S breakdown. Silver price (XAG/USD) fell vertically to near $23.15 as investors rush for safe-haven assets in the early New York […]
The post Silver Price Forecast: XAG/USD Nosedives as US Yields Rally in a Data-Packed Week appeared first on Action Forex.
Markets This morning, (Asian) markets were ‘unsettled’ as US president-elect Trump via his ‘Truth’ social network announced additional tariffs on Canada and Mexico (25%) as he assesses they don’t do enough to stop what he Read more…
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US Conference Board Consumer Confidence Index increased to 111.7 in November, up from 109.6 in October, though slightly below the expected 112.0. Present Situation Index, which reflects consumers’ views on current economic conditions, saw a Read more…