Silver price (XAG/USD) faces selling pressure above the key level of $33.00 in North American trading hours on Friday.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that “from a long-term perspective, rising interest rates will help improve financial institutions' profits.” Additional quotes BoJ’s massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price target.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1696 as compared to the previous day's fix of 7.1712 and 7.2433 Reuters estimates.