Silver Recovered From Some Of Its Losses As The Dollar Treated - Dollar Advisory | Best Commodity Tips Provider

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Thursday 19 July 2018

Silver Recovered From Some Of Its Losses As The Dollar Treated

Silver recovered from some of its losses as the dollar treated from near 52-week highs, pressured by data showing a wobble in the U.S. housing market. 

Expectations for further rate hikes were strengthened, when Powell said "the best way forward" is to continue raising rates, as the job market has strengthened and inflation has met the Fed's 2% target.

Manufacturers in every one of the Federal Reserve's 12 districts worried about the impact of tariffs, a Federal Reserve report said, even as the U.S. economy continued to expand at a moderate to modest pace.

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