AUD/USD softens as markets digest US inflation data

The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Tuesday, pressured by a firmer Greenback following the release of the latest US inflation figures. At the time of writing, AUD/USD trades around 0.6677, retracing all of the previous day’s gains. Data released by the US Bureau of Labor Statistics […]

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Silver price today: rises on January 13

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $85.74 per troy ounce, up 0.68% from the $85.17 it cost on Monday. Silver prices have increased by 20.62% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 85.74 1 Gram 2.76 The Gold/Silver ratio, which […]

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FX Today: US inflation steps in

The US Dollar (USD) lost some of its shine on Monday, weighed down by renewed concerns over the Fed’s independence as investors seem to have started to pencil in a (more?) dovish Fed in the upcoming months. Prudence among market participants also kicked in ahead of the release of the key US CPI on Tuesday. […]

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