Silver Price Analysis: XAG/USD consolidates around $21.70s after testing $22.00 Silver XAGUSD Metals CommunicationServices
The AUD/USD pair is demonstrating a sideways auction around 0.6685 in the early Tokyo session. The Aussie asset is looking to recapture the round-level resistance of 0.6700 as investors are not worried anymore for fears of bigger rate hikes from the Federal Reserve .EUR/USD bounced back toward the 1.0750 area as the US Dollar weakened ounce the impact of US inflation data vanished. The DXY is still under pressure even as US Treasury yields rebound.
The precious metal is continuously oscillating in a narrow range of $1,895-1,913 from Monday. The release of the US Consumer Price Index failed to deliver a power-pack action in the Gold price.Up by nearly 10% in the last 24 hours, Binance Coin price could be seen trading at $310. The cryptocurrency is inching closer to the critical resistance at the $334.7, crossing which, would enable BNB to flip the lower limit of the resistance block from $335 to $357 into support.
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