Silver price snaps its two-day winning streak, trading around $26.50 per troy ounce during the European session on Friday.
Silver price faced challenges as traders adopt caution ahead of US Nonfarm Payrolls due on Friday. A softer US NFP report could support the Fed's adopting a less hawkish stance on its rate trajectory. Egypt has taken the lead in revitalizing stalled peace between Israel and Hamas, undermining the safe-haven Silver . The prices of the white metal faced challenges as traders exercised caution ahead of the Nonfarm Payrolls data from the United States due later in the day.
50% on Wednesday, signaling a continued inclination toward future rate cuts. The downside for the Silver price remains limited in the wake of the prevalent US Dollar selling bias, led by Fed Chair Jerome Powell's less hawkish remarks. Powell dismissed any further interest rate hike during the FOMC conference after the policy decision. This, in turn, acted as a tailwind for the Silver price.
XAGUSD Commodities Macroeconomics Silver
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Silver Price Analysis: Silver price forming a Bear Flag price patternSilver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart with negative implications for the precious metal’s price going forward.
続きを読む »
Silver Price Analysis: Silver price could be forming a Bear Flag price patternSilver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart which bodes ill for the precious metal’s price going forward.
続きを読む »
Silver Price Analysis: Silver price finds floor but is still at risk of more weaknessSilver (XAG/USD) price has found a floor at $26.70 and is consolidating.
続きを読む »
Silver Price Analysis: Silver price in sell-off after touching top of four-year rangeSilver (XAG/USD) price has continued to sell-off after being rejected by the top of a long-term range at just below $30.00 (green line) on April 12.
続きを読む »
Silver Price Forecast: XAG/USD retreats from $26.80 amid uncertainty ahead of US NFPSilver price (XAG/USD) falls back sharply to $26.20 while attempting to recapture the crucial resistance of $27.00 during the European session on Thursday.
続きを読む »
Silver Price Forecast: XAG/USD bounces back to $26.60 after weak US Manufacturing PMI reportSilver price (XAG/USD) recovers strongly from four-month low of $26.30 as the United States Institute of Supply Management (ISM) has reported a weak Manufacturing PMI report for April.
続きを読む »