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Silver Price Forecast: RSI stabilizes above 50, upside bias builds

Silver (XAG/USD) trades on the back foot on Thursday amid cautious sentiment as US-Iran nuclear talks get underway in Geneva, discouraging aggressive positioning.

GBP: Structural headwinds and political noise – BNY

BNY’s Geoff Yu highlights that U.K. political uncertainty and potential populist outcomes may trigger short-term volatility in Gilts and GBP, but questions the longer-term impact on U.K. government paper.

EUR/GBP gains as UK political uncertainty, BoE easing pressure Pound

EUR/GBP moves higher and trades around 0.8720 on Thursday at the time of writing, up 0.13% on the day.

Gold holds steady as US-Iran nuclear talks and trade tensions shape outlook

Gold (XAU/USD) trades with a mild upside bias on Thursday but remains confined within this week’s trading range as markets stay cautious ahead of key geopolitical developments. At the time of writing, XAU/USD trades at $5,174 as bulls struggle to sustain gains above the $5,200 level.

USD: Political shifts weigh on greenback – DBS

DBS Group Research economist Philip Wee argues that recent political developments in the United States are creating downside risks for the Dollar.
 
 
 

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