Talking Points Silver prices are short-term bearish below the January 25 high of $15.34 and may reach Friday’s low ...
Talking Points
Silver prices are short-term bearish below the January 25 high of $15.34 and may reach Friday’s low of $14.36.
The two prominent price drivers are the US Dollar and S&P 500.
A stronger than expected reading of U.S. ISM manufacturing may suppress silver prices, while a softer reading may trigger a gain in silver. A Bloomberg News survey projects that U.S. ISM manufacturing will reach 48.5 from 48.2.
Silver prices are short-term bearish below the January 25 high of $15.34 and as long as price trades below this high, it may reach Friday’s low of $14.36. On a breach to the Friday low, silver may reach the February 2 low of $14.23.
The two prominent drivers for the lower silver prices are the US Dollar and S&P 500. Firstly, the Dollar has gained as traders have started to price in rate hikes by the Fed. Secondly, stock markets are higher, which lowers the need for safe haven assets such as silver. The FXCM US Dollar’s daily correlation to silver from February 1 is -0.45 and for the S&P 500 it is -0.41.
Traders not short might use a corrective bounce to short-sell and the interval of $15 to $15.23 may be a likely reversal zone. This range is derived using Fibonacci retracement levels based on the decline from last week’s high of $15.60 to last week’s low of $14.36. Please see the chart below.
U.S. ISM Manufacturing
U.S. ISM manufacturing may suppress silver prices if today’s reading beats the 48.5 projected outcome by a Bloomberg News survey. On a disappointment to this level, silver may gain.
Markit U.S. Mfg. PMI second iteration will be realized before the ISM report and may move silver, but as it’s the second estimate, it may fail to surprise the markets and it is likely that Volatility will remain muted until the ISM release. U.S. Construction Spending figures for January are also due to be published shortly.
For more data reports, which may influence silver prices, please see our economic calendar.
Silver prices are short-term bearish below the January 25 high of $15.34 and may reach Friday’s low of $14.36.
The two prominent price drivers are the US Dollar and S&P 500.
A stronger than expected reading of U.S. ISM manufacturing may suppress silver prices, while a softer reading may trigger a gain in silver. A Bloomberg News survey projects that U.S. ISM manufacturing will reach 48.5 from 48.2.
Silver prices are short-term bearish below the January 25 high of $15.34 and as long as price trades below this high, it may reach Friday’s low of $14.36. On a breach to the Friday low, silver may reach the February 2 low of $14.23.
The two prominent drivers for the lower silver prices are the US Dollar and S&P 500. Firstly, the Dollar has gained as traders have started to price in rate hikes by the Fed. Secondly, stock markets are higher, which lowers the need for safe haven assets such as silver. The FXCM US Dollar’s daily correlation to silver from February 1 is -0.45 and for the S&P 500 it is -0.41.
Traders not short might use a corrective bounce to short-sell and the interval of $15 to $15.23 may be a likely reversal zone. This range is derived using Fibonacci retracement levels based on the decline from last week’s high of $15.60 to last week’s low of $14.36. Please see the chart below.
U.S. ISM Manufacturing
U.S. ISM manufacturing may suppress silver prices if today’s reading beats the 48.5 projected outcome by a Bloomberg News survey. On a disappointment to this level, silver may gain.
Markit U.S. Mfg. PMI second iteration will be realized before the ISM report and may move silver, but as it’s the second estimate, it may fail to surprise the markets and it is likely that Volatility will remain muted until the ISM release. U.S. Construction Spending figures for January are also due to be published shortly.
For more data reports, which may influence silver prices, please see our economic calendar.
Clearstream to Settle LCH-Cleared Equity Contracts
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
