EUR/USD 1.17591
-0.238%
Gold 4784.30
-0.753%
Oil 86.135
0.671%
USD/JPY 159.199
0.238%
GBP/USD 1.35083
-0.185%
GBP/JPY 215.056
0.069%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
UnitedHealth Group (UNH.N): It expects to repurchase at least $2 billion of its common stock by the end of the second quarter.UnitedHealth Group (UNH.N) reported first-quarter revenue of $111.7 billion, exceeding market expectations of $109.57 billion. Adjusted earnings per share for the first quarter were $7.23, below market expectations of $6.57. The company projects full-year adjusted earnings per share to be above $18.25, compared to market expectations of $17.86.On April 21, to promote the development of a multi-tiered bond market, strengthen macro-prudential management of the financial market, and enrich interest rate risk management tools for market participants, the National Association of Financial Market Institutional Investors (NAFMII) convened a meeting on April 16, 2026, to advance the development of the floating-rate bond market. NAFMII Deputy Secretary-General Bao Xiangming attended and addressed the meeting. Relevant officials from the Financial Markets Department of the Peoples Bank of China (PBOC) provided guidance. Representatives from over 20 institutions, including the China Foreign Exchange Trading Center (CFETS), the Shanghai Clearing House, issuers, investors, valuation agencies, and intermediaries, participated in the meeting. Going forward, under the guidance of the PBOC, NAFMII will work diligently and persistently to organize market members to continuously promote the development of the floating-rate bond market. It will encourage lead underwriters and other market participants to actively participate in the underwriting, issuance, investment, trading, and promotion of floating-rate bonds, jointly creating a favorable market ecosystem, helping to smooth the micro-circulation of interest rate marketization, and contributing the strength of the interbank market to accelerating the construction of a strong financial nation.According to Ukrainian reports, the Ukrainian Security Service has cracked down on the Russian Samara oil facility, which produces Urals crude oil for export.Russian Defense Ministry: Russian troops have captured Khrishinny in the Donetsk region of Ukraine.

Silver Price Analysis: Near 50 DMA, XAG/USD rises to mid-$23.00s

Alina Haynes

Feb 03, 2023 15:21

Silver attracted buyers around its 50-day simple moving average (SMA) on Friday, halting its previous day's regression from its highest level since April 2022. In the early European session, the precious metal maintains a moderately bullish tone, although the intraday increase lacks bullish confidence.

 

The XAG/USD has formed a rectangle pattern on the daily chart during the previous half-month, bouncing in a typical range. This indicates traders' hesitation and calls for care before putting aggressive direction bets. The inability to gain acceptance above the $24.50 supply zone overnight validates the trading range resistance, which should now serve as a pivot point.

 

Given that technical indications on the daily chart have only recently begun to drift into negative territory, it would be smart to await a sustained advance beyond the aforementioned barrier before putting bullish wagers. The XAG/USD pair might then attempt to recapture the $25.00 psychological level for the first time since April 2022. On the way to $26.00, the momentum could be extended towards the next significant obstacle near the $25.35 region.

 

Conversely, any further decline below the horizontal zone between $23.40 and $23.30 may continue to find support around the $23.00 to $22.95 region. This is followed by support in the $22.75 range, which, if forcefully broken, could pull the XAG/USD to the next key support near the $22.20-$22.15 zone before the $22.00 level.


Suggestion