Silver, much like gold, has had a tough time of late. Dropping like a stone from a well-defined zone of resistance, now attempting to find its feet at prior support
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Silver, much like gold, has had a tough time of late. Dropping like a stone from a well-defined zone of resistance, now attempting to find its feet at prior support
from DailyFX – Market News https://ift.tt/O5jr0RV
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FTSE 100 has recorded another record high after extending gains from the BP and Shell profit release. Prices remain supported by psychological support at 7900.
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Fed chair Jerome Powell has a new word in his lexicon, disinflation, and it is likely he is going to use it on a regular basis going forward.
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Spot gold’s rally has seen it take out the weekly high at $1885 with $1900 now in sight. Will Fed speakers spoil the party?
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Japan’s PM Kishida is to submit his candidate for Bank of Japan Governor to parliament next week. Will the new incumbent normalize current ultra-dovish policy?
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