EPIC RESEARCH MCX SILVER UPDATE OF 19 MARCH 2018

Silver trading range for the day is 37881-38939. Silver prices dropped as the dollar strengthen amid expectations that the Federal Reserve will hikes rates next week for the first time this year. US data showed housing starts fell 7% in February to 1.236 million units, compared to January's 9.7% rise to 1.329 million. Traders see a 93% chance the Federal Reserve will hike rates by 0.25% to a range of 1.50% to 1.75% on March 21.

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