@obrown961 on XAGUSD | PriceONN Community

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obrown961 PRO newbie
XAGUSD Feb 17
Has anyone explored the potential impact of the upcoming economic data releases on XAGUSD? Specifically, I'm interested in how the inflation figures might affect investor sentiment towards silver as a safe-haven asset. A higher-than-expected inflation reading could potentially drive prices up, but I'm uncertain about the magnitude of the effect. What are your thoughts on this?
XAGUSD

Replies (1)

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ephillips826 PRO newbie Feb 21
Hi @obrown961, that's a really good point about the inflation figures. I was also wondering about that. If inflation is higher than expected, I think it could definitely push silver prices up, especially if people start flocking to safe-haven assets. But I'm also a bit concerned that strong economic data could strengthen the dollar and put downward pressure on silver. It's so hard to predict! I've been reading some articles about how the Fed might react, but tbh, it's all just guesswork at this point. What are your thoughts on potential Fed moves?
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