Silver's Deficit May Be Narrowing, But 58.68–62.30 Will Decide the Next Move

Silver’s Deficit May Be Narrowing, But 58.68–62.30 Will Decide the Next Move

TL;DR: Deutsche Bank sees Silver’s physical deficit narrowing toward a possible 2027 surplus as solar demand intensity falls and vault inventories rebuild, but with Silver trading around 60.80, the next move still hinges on the near-term technical fight between 58.68 support and 62.30 resistance—and on Wednesday’s FOMC minutes. Why This Matters Silver was trading around…

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FXT Named a Finance Magnates Awards 2026 Official Nominee including Broker of the Year, Most Innovative Broker, Most Trusted Broker and Best Overall Broker.

SYDNEY, Oct. 7, 2026 /PRNewswire/ — FXT, the global online trading platform for forex and CFD traders, has been named an official nominee in seven Global categories at the prestigious Finance Magnates Awards 2026. They include Broker of the Year 2026, Most Innovative Broker 2026,  Most Trusted Broker 2026 and Best Overall Broker 2026. FXT:…

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Goldman Sachs EMEA FX MarketStrats head departs

Goldman Sachs EMEA FX MarketStrats head departs

Jonas Schmitten has left Goldman Sachs after a more than five-year tenure, The TRADE can reveal.   London-based Schmitten served as VP, head of FX MarketStrats for EMEA during his time at the firm.   His next role is currently unknown; Goldman Sachs declined to comment when contacted by The TRADE.   Prior to joining Goldman Sachs, Schmitten…

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NPA moves to cut export bottlenecks, targets forex inflows

The Nigerian Ports Authority (NPA) has embarked on efforts to remove bottlenecks hampering Nigeria’s non-oil exports, with a renewed push to expand export channels, improve cargo processing and boost foreign exchange inflows into the economy. The Managing Director/Chief Executive Officer of the NPA, Abubakar Dantsoho, disclosed this at the 21st International Trade Fair in Abuja,…

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