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Silver Price Forecast: XAG/USD rallies to mid-$40.00s, highest since September 2011

Silver (XAG/USD) gains strong follow-through positive traction for the third successive day and rallies to the $40.50-$40.55 area, or its highest level since September 2011, during the Asian session on Monday.
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USD/CAD remains below 1.3750 as Fed rate cut bets weigh on US Dollar

USD/CAD loses ground for the fifth consecutive session, trading around 1.3740 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) faces challenges amid rising bets of an interest rate cut by the US Federal Reserve (Fed) in the September meeting.
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