Silver Pulls Back After 14-Year Highs as US Dollar Strengthens

From monetamarkets.com

Today’s market action highlights the tug-of-war between safe-haven demand and policy uncertainty. Silver’s retreat after hitting multi-year highs underscores the fragility of momentum-driven rallies, while the US Dollar’s strength reflects caution ahead of key US economic data and Fed commentary. EUR/USD and USD/JPY remain sensitive to incoming inflation and growth signals, with central banks’ divergent stances driving volatility. Meanwhile, China’s cautious guidance through its daily yuan fix continues to shape regional sentiment. Looking ahead, traders will monitor PMI releases, US job market data, and ... (full story)