-
Posted by
Two Blokes May 19 -
Filed in
Forex
-
2 views
Silver (XAG/USD) is trading slightly higher on Monday, holding above the $32.00 level during the US session, as broader weakness in the US Dollar (USD) fuels demand for alternative safe-haven assets. The move comes in response to Moody's downgrade of US sovereign credit, which has added to market concerns over fiscal sustainability and long-term growth prospects.
