According to Achiievers Equities, Silver dropped following pressure from strong U.S. economic data and support from Federal Reserve Chair Janet Yellen for higher U.S. interest rates.
Achiievers Equities' report on Silver
Silver trading range for the day is 40421-42129.
Silver dropped following pressure from strong U.S. economic data and support from Federal Reserve Chair Janet Yellen for higher U.S. interest rates.
Fed’s John Williams said that while there was uncertainty over the economic outlook, it was no more pronounced than usual.
The European Central Bank stuck to its super-easy monetary policy on Thursday, telling those calling for a tightening.
BUY SILVER Mar 2017 @ 41250 SL 40950 TGT 41640-41900.MCX.
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First Published on Jan 20, 2017 11:09 am