EPIC RESEARCH MCX SILVER UPDATE OF 10 MAY 2016

Posted by Farhan Khan on 14:15:00 with No comments
Silver trading range for the day is 39892-41988.
Silver dropped as the dollar firmed after data showing improving U.S. wage growth offset an overall weaker payroll report.
New York Fed President William Dudley said that it was reasonable to expect two more rate hikes this year despite weaker-than-expected April data on hiring.     
Charles Evans said the U.S. economy's fundamentals are solid and growth this year should pick up to around 2.5%.

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