Silver bounced off key support on the hourly chart after the slump. Hourly RSI rebounds from the oversold region, points north. 21-HMA to challenge XAG/USD’s pullback from monthly lows. Silver (XAG/USD) paused its six-day losing streak, having hit fresh nine-week lows of $21.70 in early trades. Th

USD/CAD refreshes intraday high amid broad USD strength. Sluggish WTI, risk-tone sentiment adds to the pair’s strength. US Jobless Claims, ISM Services PMI and Canadian trade numbers will be the key ahead of Friday’s job report. USD/CAD extends the early-Asian recovery from 1.3037 to 1.3072, up 0.2

Retail Sales overview Early Friday, the market sees the preliminary reading for the July month Retail Sales data from Australia at 01:30 GMT. Following a 16.9% increase in May and a milder rise of 2.7% in June, markets are expecting another firm print as the period comprises of further easing of loc

Silver prices drop for a considerable discount for the committed bulls. Silver could be an attractive buy on dips, according to analysts at TD securities. Is the dollar really on the road to a full to recovery,? Fundamentals say no. Precious metal prices fell sharply as investors took profits amid

The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 650 points or 2.7 percent along the way. The Hang Seng Index now rests just above the 24,600-point plateau although it may halt its slide on Tuesday. The global forecast for the Asian markets is upbeat on hopes

Bank of Japan comments after Japan bank lending in June rose 6.2%, the fastest ever on record  Surge in bank lending reflects increase in corporate fund demand due to coronavirus pandemic  deposits and CDs at Japan banks rise 8.0% yr/yr in June, fastest pace on record  cash payouts to households, b

International border restrictions are expected to last for a prolonged period, said the Australian Trade Minister Simon Birmingham on Wednesday. Additional quotes “The return of international students can be more easily accommodated. “ “Open tourist traffic into Australia might not be until next yea

Daily Pivots: (S1) 1.2504; (P) 1.2554; (R1) 1.2654; Intraday bias in GBP/USD remains mildly on the upside at this point, for retesting 1.2813 short term top. Firm break there will resume larger rise from 1.1409. On the downside, though, sustained break of 55 day EMA will argue that whole rebound fro