Silver Recovered As Softness In The U.S. Dollar And A Slight Pullback - Dollar Advisory | Best Commodity Tips Provider

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Friday 23 February 2018

Silver Recovered As Softness In The U.S. Dollar And A Slight Pullback

Silver recovered as softness in the U.S. dollar and a slight pullback in bond yields helped to nudge the prices slightly higher. 

Dallas Federal Reserve Bank President Robert Kaplan said that three U.S. interest-rate increases in 2018 is "appropriate" but that stronger-than-expected economic data could change that.

The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy. 

U.S. Treasuries pared price gains after the U.S. government sold new seven-year notes to slightly soft demand, the final sale of $258 billion in debt this week.

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