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Thursday 19 July 2018

EPIC RESEARCH MCX SILVER UPDATE OF 19 JULY 2018

Silver trading range for the day is 37958-38776. Silver recovered from some of its losses as the dollar treated from near 52-week highs, pressured by data showing a wobble in the U.S. housing market. Fed’s George said that uncertainty over U.S. trade policy could slow the economy, even if the recently imposed tariffs in and of themselves are too small to have a big impact. Fed’s George called trade policy a “significant” downside risk to her outlook for economic growth, even as tax cuts and other fiscal policy is an upside risk.

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