France's short-lived prime minister, Sebastian Lecornu, resigned unexpectedly yesterday morning. His time in office was even shorter than that of Liz Truss, the former British Prime Minister, who was forced to resign after seven weeks due to her ill-fated financial plan for Britain.
Silver price (XAG/USD) retreats after reaching the new 14-year high of $48.77 reached in the previous session, trading around $47.90 per troy ounce during the early European hours on Tuesday.
EUR/GBP stays silent after two days of losses, trading around 0.8690 during the Asian hours on Tuesday. The currency cross may further lose as the Euro (EUR) struggles after France's new Prime Minister Sebastien Lecornu and his government resigned on Monday.