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Silver slumps over 5% as US data fuels risk-on mood, extends metals rout
Silver price registers losses of over 5% on Monday as the precious metals liquidation continued for the second straight day. Upbeat economic data in the US improved risk appetite to the detriment of the grey metal. At the time of writing, XAG/USD trades at $80.40 below its opening price.
Fxstreet
Mon, Feb 2
Gold slides as Warsh Fed pick, hot ISM data extends bullion unwind
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves.
Fxstreet
Mon, Feb 2
GBP/USD dips as Dollar stays bid on Warsh Fed pick, strong ISM data
The Pound Sterling dives some 0.17% on Monday as the Greenback extends its gains to two straight days, following the precious metals rout that pushed Gold prices down by over $1,000 after reaching a record high near $5,600. The GBP/USD trades at 1.3662 after reaching a daily high of 1.3715.
Fxstreet
Mon, Feb 2
Silver collapses over 30% as metals rout triggers historic washout
Silver (XAG/USD) sinks sharply more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 US Dollars at the time of writing. XAG/USD trades at $76.91, after reaching a daily high of $118.46.Fxstreet
Fri, Jan 30
Shiba Inu Price Forecast: SHIB extends losses as whale selling intensifies bearish momentum
Shiba Inu (SHIB) price slips below $0.0000077 on Thursday after correcting the previous day. Bearish sentiment is further strengthened as holders offload SHIB, increasing selling pressure and reducing Open Interest (OI) in the derivatives market.Fxstreet
Thu, Jan 29
Forex Today: Fed delivers hawkish hold, US Dollar remains under pressure
The US Dollar Index (DXY) rebounded above 96.60 on Wednesday after White House Treasury Secretary Scott Bessent said the US has a strong-dollar policy, implying the right fundamentals are in place. Bessent also denied that the US was intervening in currency markets to support the Japanese Yen.Fxstreet
Wed, Jan 28
Silver Price Forecast: XAG/USD jumps above $108 as trader war fuels “sell America” trade
Silver price trades choppy on Tuesday, after extending its gains on Monday sponsored by heightened geopolitical tensions, the US trade-war with its allies, re-ignited the “sell America” trade during the day. The XAG/USD trades at $108.00 after bouncing off daily lows of $103.00, modestly up 0.05%Fxstreet
Tue, Jan 27
Silver Price Forecast: XAG/USD explodes to record high past $117.00
Silver price rallies sharply more than 8% on Monday, as geopolitical tensions and broad US Dollar weakness, pushes the grey metal to record highs, past $110,00, hitting a record high of $117.73 shy of challenging the $120.00 mark. At the time of writing XAG/USD trades at $112.40.Fxstreet
Mon, Jan 26
Forex Today: US Dollar hits 2026 lows as Fed decision loom
The US Dollar (USD) collapsed, on headlines indicating that the United States (US) Federal Reserve (Fed) asked banks in New York about their position sizes in USD/JPY, leading to speculation that the US may be preparing to work with Japan on the Japanese Yen’s (JPY) ongoing weakness.Fxstreet
Mon, Jan 26
Litecoin Price Analysis: LTC holds key support, recovery prospects emerge
Litecoin (LTC) price recovers slightly, trading above $68 at the time of writing on Monday, after finding support around the lower boundary of the falling wedge pattern. Improving on-chain and derivatives signals suggest a potential recovery in LTC if buyers continue to defend the key support zone.
Fxstreet
Mon, Jan 26
Cardano Price Forecast: ADA downside risks intensify, opening the door to $0.27
Cardano (ADA) price hovers around $0.34 at the time of writing on Monday, after three consecutive weeks of correction since early January. The falling Open Interest (OI) further supports the ongoing correction signaling waning investor participation.
Fxstreet
Mon, Jan 26
EUR/USD soars above 1.1800 as Yen intervention rumors slam Dollar
EUR/USD registers solid gains late in the North American session on Friday after rumors of an intervention in the FX markets to boost the Japanese Yen sent the US Dollar (USD) sliding, with losses of over 0.70%, according to the US Dollar Index (DXY).
Fxstreet
Fri, Jan 23
EUR/USD: Expected to continue to rise – UOB Group
Euro (EUR) is expected to continue to rise; the major resistance at 1.1805 is likely out of reach for now. In the longer run, increase in momentum suggest the likelihood of EUR reaching 1.1805 is rising, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jan 23
