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Friday, 20 January 2017

EPIC RESEARCH MCX SILVER UPDATE OF 20 JANUARY 2017


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.




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