Silver Traded In Range As The Dollar Sank On Reduced Expectations For U.S. Interest Rate - Dollar Advisory | Best Commodity Tips Provider

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Friday 24 November 2017

Silver Traded In Range As The Dollar Sank On Reduced Expectations For U.S. Interest Rate

Silver trading range for the day is 39231-39649.

Silver traded in range as the dollar sank on reduced expectations for U.S. interest rate hikes next year.

Minutes from the U.S. Federal Reserve's showed "many participants" were concerned inflation would stay below the bank's 2 percent target for longer than expected.

ECB policymakers broadly agreed last month on extending their asset purchase scheme but a decision to keep the bond buys open-ended appeared to generate fiercer debate.

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