Silver Price Corrects as US Dollar Weakens Ahead of US Data Release on Nostr: Silver Prices React to Fed Rate Cut Speculation, Strong US Employment Data, CPI ...
Silver Prices React to Fed Rate Cut Speculation, Strong US Employment Data, CPI Numbers, and Political Concerns in Europe
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#b5cae3b0 ver:0.6
Silver prices rebound from three-week low on speculation of Fed rate cut, strong US employment data, CPI numbers, and political concerns in Europe. Price hovers around $29.50, gold/silver ratio suggests silver outperformance. Traders advised to buy on dips at $30.50 with target price of $32.50. Strong employment data contributes to rebound. Fed expected to leave rates unchanged, but 50% chance of cut in September. Political concerns in Europe lead to risk aversion. Silver prices influenced by US economy, Fed decisions, employment data, CPI, and European politics. #SilverPrices #FedRateCut #USEmployment #CPI #EuropeanPolitics...
#newstr #SilverPrices #FederalReserve #UsEconomy #EmploymentData #CpiNumbers #PoliticalConcerns #Europe
https://here.news/story/b5cae3b0?ver=0.6Published at
2024-06-12 03:57:25Event JSON
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"content": "Silver Prices React to Fed Rate Cut Speculation, Strong US Employment Data, CPI Numbers, and Political Concerns in Europe\n===============\t\n#b5cae3b0 ver:0.6\n\nSilver prices rebound from three-week low on speculation of Fed rate cut, strong US employment data, CPI numbers, and political concerns in Europe. Price hovers around $29.50, gold/silver ratio suggests silver outperformance. Traders advised to buy on dips at $30.50 with target price of $32.50. Strong employment data contributes to rebound. Fed expected to leave rates unchanged, but 50% chance of cut in September. Political concerns in Europe lead to risk aversion. Silver prices influenced by US economy, Fed decisions, employment data, CPI, and European politics. #SilverPrices #FedRateCut #USEmployment #CPI #EuropeanPolitics...\n\n#newstr #SilverPrices #FederalReserve #UsEconomy #EmploymentData #CpiNumbers #PoliticalConcerns #Europe \n\n https://here.news/story/b5cae3b0?ver=0.6",
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