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Friday 8 March 2019

EPIC RESEARCH MCX Silver UPDATE OF 8 March 2019



Silver trading range for the day is 37713-38417.

Silver dropped as the dollar gained versus the euro after the European Central Bank postponed an interest rate hike.

The US economy is heading into a "new normal" of slower growth that likely will keep monetary policy restrained, Fed’s Williams said.

A report from payroll processor ADP showed U.S. private sector job growth slowed in February after an upwardly revised spike in January.

Data from the Commerce Department showed the U.S. trade deficit widened by more than anticipated in December, as imports jumped and exports slumped.


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