Market sentiment is fluctuating, with silver prices hitting bottom and rebounding in a volatile trend

Huitong Network10month24Daily News - Due to the continued upward trend of the US dollar index, it once again hit a nearly eight month high on Monday(10month24day)Spot silver briefly fell to17.46dollar/Ounces, followed by a rebound, currently trading at17.55dollar/Near ounces, waiting for further economic data guidance.

Market sentiment is fluctuating, with silver prices hitting bottom and rebounding in a volatile trend

According to data from the People's Bank of China on Monday, the central parity rate of the Chinese yuan against the US dollar has significantly decreased132Point reporting6.7690Yuan, onshore RMB/USD opened below6.77Offshore RMB is falling below6.78After the checkpoint, the decline rapidly expanded, and both onshore and offshore RMB have refreshed over6As a result of the new low in the year, market sentiment has warmed up, and spot silver has taken advantage of the trend to rise, erasing all the morning decline.

During the intraday European session, multiple countries in the eurozone will announce their manufacturing industriesPMIData, New York session, Federal Reserve St. Louis Fed Chairman Brad(James Bullard)The speech to be delivered requires investors to closely monitor changes in market sentiment, which is expected to have a certain impact on the short-term trend of silver prices.


silver http://www.fx678.com/news/keywords/301038.html