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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
Silver Breakout Attempt Builds as Hormuz Hopes Reshape Fed Expectations

Silver Breakout Attempt Builds as Hormuz Hopes Reshape Fed Expectations

TL;DR: Silver has returned above $60 as growing optimism over a Strait of Hormuz reopening pulls oil lower, reshapes Fed rate expectations, and drags Treasury yields down — with silver carrying an extra industrial-demand tailwind gold doesn't have.

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XAGUSD XAG/USD
Source: Action Forex
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