As shown on the XAG/USD chart, silver prices rose on Monday, surpassing the previous high of the year, which was set on 28th March at around $33.50 per ounce. Why Is Silver Rising? A bullish driver came from statements made by the White House. According to media reports: → US President Donald Trump announced on […]
The post Silver Price Hits Year-to-Date High appeared first on Action Forex.
Real wages in Japan fell by -1.8% yoy in April, marking the fourth consecutive month of decline as persistent inflation continued to erode household purchasing power. While nominal wages rose 2.3% yoy, slightly below the Read more…
Fed’s Beige Book report paints a picture of slowing US economy marked by pervasive caution and subdued sentiment. Economic activity was reported to have “declined slightly” overall, with half of the twelve Districts seeing slight Read more…
Key Highlights GBP/USD started a fresh increase above the 1.3500 resistance zone. A connecting bullish trend line is forming with support at 1.3530 on the 4-hour chart. EUR/USD is now gaining pace and might clear Read more…