EPIC RESEARCH MCX SILVER UPDATE OF 22 MAY 2018

Silver trading range for the day is 39704-40760.

Silver prices recovered as the U.S. dollar took a breather from its recent rally to trade below a five-month high.

Mnuchin said the U.S. trade war with China was "on hold" after economic powers agreed to drop their tariff threats while they work on a wider trade agreement.

A focus for markets this week is Wednesday’s release of minutes from the Federal Reserve’s latest monetary policy meeting.

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