Silver Price Forecast: XAG/USD advances steadily toward the high $23.80s ahead of the FOMC’s decision – by christianborjon Silver XAGUSD Metals Macroeconomics Technical Analysis
ease of softer-than-expected inflation data in the United States . Therefore, most analysts expect the US central bank to adjust the tightening size, though the rates’ peak remains unknown. At the time of writing, the XAG/USD is trading at $23.85, above its opening by 0.64%.climbing ahead of the Fed’s decision. The main spotlight in the economic calendar is the Federal Reserve Open Market Committee decision, with analysts estimating a 50 bps rate hike by the Fed.
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