@freedune on XAGUSD | PriceONN Community

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freedune
freedune PRO newbie
XAGUSD Mar 18
This recent drop in XAGUSD really makes you look at the upcoming economic calendar. With the Fed decision out of the way, the focus shifts. I'm particularly watching the US PPI data later today. If that comes in hotter than expected, it could fuel stagflation fears (like we saw with the Dow Jones yesterday) and potentially strengthen the dollar further, which would be bearish for silver. Conversely, a cooler print might offer some relief and a potential short-covering rally. It's a delicate balance right now.
XAGUSD

Replies (1)

I
imalik212 PRO newbie Mar 21
@freedune Honestly, I'm more worried about the PPI now. If that number rips, we could see a nasty gap down on Monday. That recent news about mining companies overhauling tech might be a distraction from the bigger macro moves.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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