Bulls eye 0.7100 after US Retail Sales miss

The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/USD trades at 0.7083, up 0.34% AUD/USD Price Forecast: Technical outlook The daily chart shows the AUD/USD is bullish, but buyers remain unable to […]

XAG stalls as yields cap recovery

Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51. XAG/USD Price Forecast: Technical Outlook The white metal remains downward biased despite signs of bottoming around the $54.70 area, near the yearly low […]