Category forex

Silver Rebounds Toward $62.00

XAG/USD stabilizes after 5% loss The XAG/USD pair is attempting to stabilize after recent losses, trading around $61.70 per troy ounce. The technical analysis shows a prevailing bearish bias, with the spot price remaining within a descending channel pattern.

Dollar Strengthens Against Euro

EUR/USD falls below 1.1400 The US Dollar strengthened across G10, driving EUR/USD below 1.1400. The move came alongside a broader risk-off tone, with equities lower and VIX higher. Oil prices also moved in response to the risk-off tone.