#USDollarWeakness#
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Be it above 3.0 million coronaviruses (COVID-19) new cases or the record-high budget deficit, not to forget the long-standing tussle with China, the US dollar had to bear it all. In the latest blow, American Secretary of State Mike Pompeo criticized Beijing’s anti-human right behavior whereas US Trade Representative (USTR) Robert Lighthizer is up for speaking at 17:00 GMT. While portraying the pessimism, the US dollar index (DXY) drops to the fresh four-week low of 96.24, down 0.25% on July 9.
💥 $100 Silver? Here’s Why Analysts Think the Rally Might Just Be Getting Started
#Silver# is once again making headlines - crossing above $51 per ounce and setting a new all-time high. But what’s catching traders’ attention now isn’t just the breakout… it’s the growing belief that this could be the early phase of something much bigger. Many analysts are now floati
🚨Oil steadies on U.S. crude stock drawdown, OPEC+ output hikes delay
Oil prices ticked up on Friday as investors balanced a sharp drop in U.S. crude inventories and OPEC+ production delays against mixed U.S. employment data. Brent crude futures rose 0.26% to $72.88, while U.S. WTI futures gained 0.32% to $69.37. "Crude edged higher as bullish signals outweighed recen
