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6 Sep 2021

Spot silver (XAG/USD) jumps over 10%, trades above $27

Spot silver prices (XAG/USD) shot higher during the American trading hours on Monday and rose more than 10% in a matter of minutes. As of writing, the XAG/USD pair was trading at its highest level since June 15 at $27.48, up 11.3% on a daily basis.

There were no apparent triggers behind that sudden move and the thin trading conditions due to the Labor Day holiday in the US and Canada seem to have played a role in this spike.

Source: Reuters

Sep 6, 2021

EUR/USD consolidates daily losses around 1.1870 amid thin trading conditions

The EUR/USD pair reached its highest level since late July at 1.1910 on Friday and ended up closing the second straight week in the positive territory
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Sep 6, 2021

USD/CAD bears break key daily dynamic support, eye 1.2420 ahead of BoC

As per the start of the week's analysis, US dollar: A bearish false start?, the US dollar has indeed erased all losses sustained after last week's poo
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