By FXEmpire.com
Analysis and Recommendations:
Silver climbed in today’s session as most of the metal pack and the precious metals did. Silver is trading at 26.758 adding 0.034.
The strength of the Dollar Index limited the rise in silver, when the dollar is strong it makes purchasing the dollar based commodity high.
Silver followed gold today, as it bounced up and down between gains and losses holding fairly close to its open. Gold is currently up 5.85 trading at 1572.55.
There was little in the way of eco data and the news flow was as expected, the EU summit, Greece, Spain and Italy, along with bickering between Germany and the EU.
There should be little action here for the next day or so.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
Date |
Time |
Currency |
Event |
Previous |
Jun 26 |
8:30 |
GBP |
-18.8B |
|
13:00 |
USD |
-2.6% |
||
14:00 |
USD |
64.9 |
||
Jun 27 |
All Day |
EUR |
-0.2% |
|
8:30 |
GBP |
32.4K |
||
10:00 |
GBP |
21 |
||
12:30 |
USD |
0.2% |
||
14:00 |
USD |
-5.5% |
||
14:30 |
USD |
|||
Jun 28 |
7:55 |
EUR |
0K |
|
8:30 |
GBP |
-8.5B |
||
8:30 |
GBP |
|||
8:30 |
GBP |
-0.3% |
||
12:30 |
USD |
|||
12:30 |
USD |
1.9% |
||
23:01 |
GBP |
-29 |
||
Jun 29 |
29th-4th |
EUR |
0.6% |
|
6:45 |
EUR |
0.6% |
||
7:00 |
CHF |
0.81 |
||
8:00 |
EUR |
2.5% |
||
9:00 |
EUR |
2.4% |
||
12:30 |
USD |
0.1% |
||
12:30 |
USD |
0.3% |
||
13:45 |
USD |
52.7 |
||
13:55 |
USD |
74.1 |
Click here to read Silver Technical Analysis.
Originally posted here