
Silver Price Forecast: XAG/USD rises to near $65.40 with US inflation in focus
Silver Price Forecast: XAG/USD rises to near $65.40 with US inflation in focus
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Silver Price Forecast: XAG/USD rises to near $65.40 with US inflation in focus

The geopolitical tensions support the safe haven assets on Wednesday. The shipping attacks in the Middle East raised fears of supply disruptions and escalation.

TL;DR: Gold has kept climbing even as Brent rebounded from $70 toward $90, a divergence that reflects markets betting the Fed won't tighten again without proof oil is feeding into core inflation — and Wednesday's CPI is the first test of that bet.

Gold Price Forecast: XAU/USD awaits US CPI inflation for the next big move

XAU/USD heads into US CPI with reversal risk building and history pointing to elevated volatility.

Gold trades with positive bias below $4,400; Fed hike bets cap gains ahead of US CPI

GBP/JPY Price Forecast: Struggles at 50-day SMA with bulls near 215.50

For all the talk about today's US inflation report, it is debatable whether anyone truly has a consistent edge in predicting how the data will print, let alone how markets will respond over a longer time frame. Looking at price action across major currency pairs heading into the release and identifying the technical levels that matter provides a framework as good as any for anticipating or reacting once it comes out.

The GBP/JPY continues its post-intervention recovery ahead of the US CPI report tomorrow, which could have a secondary impact on the pair.

Gold reached $4,435 after breaking resistance, but a failed breakout now puts $4,357 support and the potential path toward $4,500 in focus.

British Pound: Sterling recovery eyes 1.36 caps against US Dollar – Scotiabank

The Bank of Japan and the US Treasury Department took their swing at USD/JPY two weeks ago, but since then, bulls have been clawing back. This puts perhaps even more importance on tomorrow's US CPI report as rates markets still widely-expect the US to lift rates later this year, with an approximate 80% probability priced-in for at least one 25 bp hike.

Silver traders are watching $66.51 as CPI determines whether XAGUSD resumes its rally or retreats toward $61.75 support.

XAG/USD Price Forecast: Silver pauses recovery, holds around $65

Gold eases amid firm US Dollar as CPI and Hormuz risks loom