Silver Price Forecast: XAG/USD jumps to 14-year high above $48.50 amid Fed cut bets and US turmoil

Silver price (XAG/USD) rises to around $48.65 during the early European trading hours on Wednesday. The white metal edges higher to near the 14-year high amid mounting expectations of Federal Reserve (Fed) rate cuts and the ongoing US government shutdown.
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EUR/GBP falls toward 0.8650 following German Industrial Production release

EUR/GBP trades around 0.8670 during the early European hours on Wednesday, remaining subdued following the release of the German Industrial Production data, which fell by 4.3% month-over-month (MoM) in August.
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