Friday, 27 April 2018

Silver Dropped As US Dollar Strength Across The Financial Markets

Silver trading range for the day is 39267-39795.

Silver dropped as US Dollar strength across the financial markets, weighing on the standby anti-fiat alternative.

The precious metal has come under pressure as increasing US Treasury yields, the USD staging a comeback across the broader FX markets.

From data point first-time claims for U.S. unemployment benefits fell to their lowest level in nearly five decades in the week ended April 21st.

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