XAG/USD slips from 23.6% Fibo., back near $76.00

XAG/USD slips from 23.6% Fibo., back near .00

Silver (XAG/USD) struggle to make it through the 23.6% Fibonacci retracement level of the recent fall from the monthly swing high and attracts some sellers during the Asian session on Friday. The white metal, for now, seems to have snapped a two-day winning streak, though it manages to hold above the $76.00 mark. Looking at […]

Consolidates near $76.50 as RSI hints at upside

Consolidates near .50 as RSI hints at upside

Silver price consolidates around $76.50 per troy ounce amid a narrow trading session driven by Middle East developments, keeping investors uncertain about a US-Iran deal. At the time of writing, the white metal is up over 1%. XAG/USD Price Analysis: Technical outlook Silver is poised to trade sideways with key resistance levels lying overhead. Although […]

Flows pressure KRW and tech theme – BNY

Flows pressure KRW and tech theme – BNY

BNY’s Geoff Yu highlights that South Korean equities, especially AI and semiconductor names, face tightening financial conditions even as the KOSPI remains a top global performer. iFlow shows heavy institutional selling and extended outflows, which could now weigh on the Korean Won. Elevated inflation expectations and higher input costs across Asia suggest ongoing pressure on […]

Banxico minutes flag upside inflation risks from Middle East conflict

Banxico minutes flag upside inflation risks from Middle East conflict

Banco de Mexico (Banxico) released its latest meeting minutes on Thursday, in which the Middle East conflict dominated the board’s discussion. On May 7, Banxico cut rates by 25 basis points to 6.50%, while telegraphing that the easing cycle that began in 2024 is over. The decision was not unanimous, with a 3-2 vote, with […]