EPIC RESEARCH MCX SILVER UPDATE OF 09 JANUARY 2018

Silver trading range for the day is 38744-39394.Silver dropped as investors keep an eye on the dollar for potential further weakness linked to a gentler than expected rate hike path by the Fed in 2018.The jobs data was seen as unlikely to alter investor expectations for a rate hike by the Federal Reserve at its March meeting.Despite weaker-than-expected data, traders overall stuck to their conviction that the Federal Reserve will raise rates at least twice this year.



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