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Silver Price Forecast: XAG/USD stabilizes above $22 on subdued USD Index, US Retail Sales eyed

Silver price (XAG/USD) manages to shift its auction above the crucial resistance of $22 in the early European session on Thursday as investors digest that rate cuts by the won’t be announced Federal Reserve (Fed) atleast before June.

United statesAustan goolsbeeChicago fed bankFederal reserveChicago fed bank president austan goolsbeeUnited states retail salesRetail salesDescending triangle chartExponential moving averageRelative strength index

Pound Sterling rebounds on surprisingly stubborn UK inflation data rallies as BoE rate cut bets fade after hot inflation data

The Pound Sterling (GBP) has surrendered some gains as the United States Retail Sales turned out significantly upbeat than expectations.

United kingdomUnited statesChristopher wallerFederal reservePound sterlingConsumer price indexUnited states retail salesUnited kingdom inflationGovernor christopherIndustrial productionRetail salesExponential moving averageRelative strength indexQuantitative easing

Silver Price Analysis: XAG/USD slides to near $22 70 as Fed speakers maintain hawkish stance

Silver Price Analysis: XAG/USD slides to near $22 70 as Fed speakers maintain hawkish stance
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United statesChristopher wallerFed wallerIndustrial productionFederal reserveUnited states retail salesFed governor christopher wallerRetail salesExponential moving averageRelative strength index

Gold softens further as traders pare Fed rate cut bets

Gold price (XAU/USD) is expected to face more pressure as the United States Census Bureau has reported a strong Retail Sales data for December.

United statesMichael barrChristopher wallerJohn williamsMichelle bowmanFederal reserveGoldman sachsWorld gold councilFed wallerGovernor christopher wallerConsumer price indexUnited states retail salesIndustrial productionRetail salesFed governor christopher wallerBeige book

Pound Sterling Price News and Forecast: GBP/USD recovers some ground on hot UK CPI despite strong US data

GBP/USD Price Analysis: Remains under pressure above the 1.2600 mark, oversold RSI condition eyed The GBP/USD pair faces some selling pressure above 1.2600 during the early European session on Wednesday.

United kingdomUnited statesOffice for national statisticsUs census bureauPound sterlingNational statisticsUnited kingdom inflationUnited states retail salesRetail salesRead moreUnited kingdom consumerPrice indexTechnical analysis