FXStreet · 1 min read

Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades

Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades

Silver (XAG/USD) is little changed on Monday, caught between a weaker US Dollar (USD) and lingering hawkish Federal Reserve (Fed) expectations, leaving the metal without clear direction after tumbling 4.11% on Friday in the wake of Fed Chair Kevin Warsh's hawkish Jackson Hole comments.

This is a summary aggregated from FXStreet. Read the complete article on the original site:

Read full article at FXStreet

More Business & Finance News