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Silver breaks below  amid stronger US Dollar, Fed rate-hike bets

Silver (XAG/USD) drops to fresh year-to-date lows on Wednesday as hawkish Federal Reserve (Fed) expectations and a stronger US Dollar (USD) keep sellers firmly in control. At the time of writing, XAG/USD trades around $59.39, its lowest level since December 2025.The white metal has been under pressure since peaking at…

Indonesian Rupiah weakens as hawkish Fed tone lifts US Dollar

USD/IDR gains ground for the third successive day, trading around 17,980 during the European hours on Wednesday. The pair appreciates as the US Dollar (USD) strengthens on expectations of further Fed tightening.The CME FedWatch tool indicates that the markets adjusted expectations for a more hawkish stance from the Federal Reserve (Fed). Traders are now pricing in a nearly 85.5% chance of a Fed hike in December, up from 61% before last week’s FOMC meeting.US S&P…

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