Dollar appears to have finally taken a side, the downside, with Fed chair Jerome Powell’s Jackson Hole speech. In short, Fed is now adopting a “flexible form of average inflation targeting”, to achieve inflation that “averages 2 percent over time”. Therefore, following periods when inflation has bee

Silver takes a U-turn from form the weekly high of $27.52. Bearish candlestick formation highlights 50-bar SMA, 61.8% of Fibonacci retracement for sellers. Friday’s top holds the key to pair’s further upside. Silver refrains from extending the previous day’s bullish momentum while declining to $27.

WTI bulls catch a breather after rising to $43.86, the highest levels since early-March. Higher than expected EIA stockpile draw, fears of hurricane Laura keeps the bulls hopeful. Cautious sentiment ahead of the key US events probes further upside. Following its run-up to the highest since March 06