Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Market narrative
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Silver price today: Silver falls, according to FXStreet data
Forex
Euro: Yield spreads hint at recovery against US Dollar – MUFG
USD/JPY Price Forecast: Dollar finds resistance at the 161.75 previous support
The US Dollar remained firm amid sticky core inflation and monetary policy divergence. DXY held at $100.79 inside a blue ascending channel while EUR/USD held $1.1440 support and GBP/USD defended $1.3422 resistance zone.
Silver market faces a key test as Fed hike expectations build. Discover why $59.44 to $58.53 is the technical battleground for traders.
USD/CAD Price Forecast: Recovers from three-week low; flat above 1.4150 ahead of jobs data
The US Dollar to Canadian Dollar (USD/CAD) exchange rate has edged lower towards 1.4160 this week as the Canadian Dollar modestly outperformed most of its major peers. Scotiabank believes the outlook for the Canadian Dollar is beginning to improve as interest-rate spreads stabilise and economic data become less negative.
Gold and silver focused on technical levels as central banks maintained net purchases. Gold broke $4,115 symmetrical triangle while silver traded at $60.20.
USDJPY (The yen) halts the upturn USDJPY (The yen) bounced against the dollar after finding resistance at the 162.75 level. • The latest move above 162.50 has prompted some buyers to cover and could pave the way for a bearish continuation.
British Pound: Upside risk toward resistance against US Dollar – UOB
Euro: Narrow path for sustained strength against US Dollar – ING
The Pound to Canadian Dollar (GBP/CAD) exchange rate edged higher to 1.9015 on Friday as investors looked ahead to Canada's latest Employment Change and Unemployment Rate figures, with the labour market report expected to set the tone for the Canadian Dollar into next week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD):.
NZD/USD Price Forecast: Gathers strength above 0.5750, but remains below key technical resistance
Silver Price Forecast: XAG/USD rises as oil prices correct, US Dollar faces pressure
Euro: Range trade bias intact against US Dollar – UOB
The Pound to Dollar (GBP/USD) exchange rate traded around 1.3431 on Friday, extending its recovery to fresh one-year highs as Sterling continued to outperform while the US Dollar remained under pressure. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.343026 (+0.13%)Euro to Dollar (EUR/USD): 1.144055 (+0.07%)Dollar to Yen (USD/JPY):.
GBP/USD Price Forecast: Edges higher above 1.3400, bullish outlook remains intact
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data