Silver Price Forecast: XAG/USD holds losses below $62.50 on Fed hike bets

Silver price (XAG/USD) halts its four-day winning streak, trading around $62.30 per troy ounce during the European hours on Monday. The white metal edges lower as market expectations solidify around a Federal Reserve (Fed) interest rate hike later this year.
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British Pound: Sterling gains against Euro face political test – ING

ING’s Chris Turner highlights a sizeable downside breakout in EUR/GBP driven by stale Sterling shorts and lower FX volatility reducing appetite to pay carry.
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