Potential for further strength – UOB Group

UOB Group analysts Quek Ser Leang and Lee Sue Ann suggest that EUR/USD could see further strength, potentially reaching 1.2150. The report indicates that as long as the strong support level at 1.1890 holds, the upward momentum remains intact. The EUR is expected to trade within a range of 1.1920 and 1.2000 in the near […]

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XAG/USD retreats toward $113.00 on profit-taking pressure

Silver price (XAG/USD) halts its seven-day winning streak, trading around 113.30 during the Asian hours on Friday. The precious metal retreated from its fresh record high of 121.66, reached on January 29, as profit-taking set in, though prices remained on track for over 60% monthly gains amid elevated economic and geopolitical uncertainty. Geopolitical risks remained […]

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