XAG/USD falls to near $70.50 due to Fed rate hike odds

Silver price (XAG/USD) extends its losses for the third successive day, trading around $64.40 per troy ounce during the Asian hours on Friday. Silver prices fall as the traders price in the hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook. Higher borrowing costs increase the opportunity cost of holding non-yielding assets like Silver, reducing their appeal. In his…

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Central bank likely to keep hiking rates based on economic, price, financial trends

Bank of Japan (BoJ) Deputy Governor Himino said on Friday that the Japanese central bank likely to keep hiking rates based on economic, price and financial trends. Himino added that currency moves may impact inflation expectations, core inflation, so we will keep monitoring developments closely.  Key quotes Central bank likely to keep hiking rates based on economic, price, financial trends.  Central…

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UK consumer confidence masks growing cracks beneath steady headline

Sterling faces a modest negative undercurrent from the data, not from the headline number, which came in marginally better than forecast, but from the sub-index deterioration that points to softening domestic demand ahead. Major purchase intentions sitting at joint-lowest levels since January 2025 is a quiet signal for retailers and discretionary spending. For the Bank of England, the youth…

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US Dollar Gains as Warsh Delivers Hawkish Surprise. Forecast as of 18.06.2026

2026.06.18 2026.06.18 US Dollar Gains as Warsh Delivers Hawkish Surprise. Forecast as of 18.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The new Fed Chair did not provide any additional guidance on future rates, but reaffirmed a strong commitment to returning inflation to the 2% target. Markets interpreted the message as a hawkish surprise, boosting demand for the US dollar and pushing EUR/USD quotes…

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Trump: US is committed to PEACE

Trump on TruthSocial posts: Trumps “reply” to the Supreme Leaders comments are controlled. He seems to also be talking to Isreal to not muck things up. The Supreme leader was a more confrontational and negative, but his audience requires that he remain confrontational.. This article was written by Greg Michalowski at investinglive.com.

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