New Zealand Services PMI drops into contraction: economic angst ahead?

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XAG/USD displays volatility contraction near $23, following subdued US Dollar

[ad_1] Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of