Tuesday , April 20 2021

Silver futures have been increasing for the first time in four sessions, as the US dollar index fell for the first time in two weeks



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Thank you for reading the silver money news for the first time in four sessions, since the US dollar index fell to the lowest in two weeks, and now with the details

DUBAI – The price of silver futures has risen during the US session due to the fall in the dollar index for the fourth session in the six sessions of the highest since June 27, 2017, due to the reverse relationship between them after the release of the results of the mid-term elections at Congress and ahead of the start of meetings of the Federal Commission for the Fotouh Market Wednesday and Thursday in Washington.

The silver delivery rate in December grew by 0.48 percent, and is currently trading at $ 14.57 per ounce, compared to $ 14.50 a barrel. The US dollar index dropped by 0.27 percent to 96.06, from October 22 last year, compared to the opening at 96.32.

We followed the Democratic Party won the majority of the House of Representatives mandate for the first time in eight years, while the Republican Party retained most of the Senate seats in American media elections, and we want to point out that these elections are seen as a referendum on the US Presidency's mandate Fifth forty Donald Trump, who led the Republican Party in 2016.

Which reflects the American voter's misunderstanding in one way or another about the Trump management policy, whether it is internal migration or foreign trade protectionism, resulting in the division of the current congress between poles of US policy, which could lead to President Trump the legislative obstacles to the work of his administration to pass laws It is necessary to spend the rest of its electoral program ahead of the next major 2020 elections.

In addition, investors are pleased to open the FOMC meeting on November 7th and 8th, whereby monetary policy makers are expected to keep short-term interest rates between 2.00 and 2.25%. After federal funding rates have risen by 25 points for the third time this year at the previous meeting of the Federal Council.

Thank you for reading the news about the rise of silver futures for the first time in four sessions with the US dollar index dropping for the lowest two weeks at Gulf 365 and note that the contents of the subject have been written by Forex today and can be completely transferred or quoted from it and you can read and follow the news of this news from the Main Source link below Forex News Today we are not responsible for the content of this news with the best wishes for Happy Day.

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