Silver Price Outlook: XAG/USD advances toward $113.50 on safe-haven demand
Silver (XAG/USD) extends its strong upside momentum, climbing close to the $113.50 level during the Asian trading session on Wednesday. The rally in the white metal is driven by persistent economic and geopolitical uncertainties, rising expectations of interest rate cuts, and a softer US Dollar. Market participants are now focused on the US Federal Reserve’s […]
EUR/USD slips below 1.2000 as US Dollar rebounds, focus shifts to Fed decision
The EUR/USD pair moves lower toward the 1.1990 region during the early European session on Wednesday, ending a four-day winning streak. The pullback comes after the pair retreated from a fresh five-year high, driven by a modest rebound in the US Dollar (USD). Market attention now turns firmly to the US Federal Reserve’s interest rate […]