Silver (XAG/USD) traders anticipate impact from Powell’s upcoming speech amid dollar strength Overview Silver (XAG/USD) faces downward pressure amid the U.S. dollar’s resurgence, yet it’s geared up for a notable week, with Federal Reserve Chair Jerome Powell’s imminent speech being the focal point. Investors are eagerly awaiting insights from both Powell and ECB President Christine Lagarde during the annual Jackson Hole symposium. This year, with the backdrop of waning inflation and a sturdy economy, he might adopt a balanced approach, refraining from giving any explicit directions and maintaining a pragmatic outlook on monetary policy.