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Silver Holds at $37 as Dollar Mixed, Yen Slips, Pound Pressured
Financial markets opened the week cautiously, with silver prices stabilizing near $37.00 as traders seek clarity from upcoming global data and central bank commentary. The US Dollar presented a mixed tone across major pairs, while the Japanese Yen weakened following Friday’s rebound, and the British Pound edged lower amid Bank of England policy anticipation. Broader market sentiment remains watchful, especially with inflation data and China’s trade developments in focus. Silver is trading sideways near $37.00, lacking strong momentum after last week’s rally. Despite its resilience, technical indicators suggest ... (full story)
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- Aug 4, 2025 6:40am Posted byTechnical Analysis7,657
- From dailyforex.com|Aug 4, 2025