EPIC RESEARCH MCX SILVER UPDATE OF 26 July 2018
Posted by Commodity Updates by Epic Research on 15:17:00 with No comments
Silver trading range for the day is 37889-38971.
* Silver prices gained as the U.S. dollar slipped and market watchers anticipated U.S. economic growth data on Friday.
* Treasury Secretary Steve Mnuchin tried to ease fears of a currency war at the G-20 meeting, confirming the Fed’s independence.
* Traders continue to bet there is further room for the dollar to advance as strong GDP data due Friday could strengthen the Federal Reserve's case to continue rate hikes.
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