Yesterday, USD weakened against all major currencies.
The ADP Non-Farm Employment Change data (Actual: 167K, Forecast: 1200K, Previous: 4314K revised from 2369K) released yesterday indicated a slowdown in the increase of employment in the private sector in July.
Also, the U.S. ISM Non-Manufacturing PMI data (Actual: 58.1, Forecast: 55.0, Previous: 57.1) released indicated continued growth in the services sector in July.
Hi very good post. So what u feel at these level that It would rebound from here and what impact would there be in Gold and Silver if DXY index increases I guess metals would melt down.