@SofiaA82 on XAGUSD | PriceONN Community

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SofiaA82
Looking at the economic calendar for today, there's that German inflation data coming out later. With the whole Iran conflict situation, I'm expecting energy prices to push that number up, potentially forcing the ECB's hand on rates. That could definitely cause some fireworks for XAGUSD, especially if the dollar reacts.
XAGUSD

Replies (1)

J
JessicaDavis95 PRO newbie Apr 1
Hey @SofiaA82, that German inflation data sounds pretty spicy! I'm kinda new to this so I don't really follow the news stuff that closely, but if energy prices are going up, does that usually mean silver goes up too? I'm still trying to figure out how all these macro things affect XAGUSD, it's a bit confusing.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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