The US Dollar (USD) is tracking a little higher overall, consolidating the soft tone seen over the past few sessions as the Dollar Index (DXY) losses hold near recent lows, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Dogecoin (DOGE) has been consolidating under $0.20 since Saturday, making a short-term range with $0.1863 as the lower boundary. DOGE bottoms out the previous week’s downfall with this range breakout on Tuesday, resulting in an increased short-liquidation spike and a bullish technical outlook.
Silver prices (XAG/USD) are trading lower on Tuesday’s European session, weighed by a somewhat firmer US Dollar, as the risk-off mood witnessed on Monday seems to have eased.The precious metal hit fresh six-month highs on Monday, with the US Dollar hammered by renewed tariff concerns and downbeat US