@zacharybaker75 on XAGUSD | PriceONN Community
Woke up, grabbed some coffee, and checked the overnight moves. Looks like that de-escalation talk in the Middle East really hit the dollar hard, which is usually good for silver, but we're seeing some chop here. The Australian manufacturing data wasn't exactly stellar either. Watching to see if this 68.50 level holds.
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Actually, the Japan CPI cooling is a bit more concerning for potential stimulus expectations, which could indirectly impact risk assets like silver.
W
Hey @zacharybaker75, yeah I saw that ceasefire news too and thought silver would just shoot up. It's a bit confusing why it's choppy now. Is the dollar really that strong still?