Silver Looks To Trade With Weakness As The Fed Appeared A Tad More Hawkish - Dollar Advisory | Best Commodity Tips Provider

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Thursday 4 January 2018

Silver Looks To Trade With Weakness As The Fed Appeared A Tad More Hawkish

Silver trading range for the day is 38813-39583.

Silver looks to trade with weakness as the Fed appeared a tad more hawkish in the December meeting minutes and investors fretted over inflation implications.

Although the Fed's meeting minutes showed some disagreement between policy hawks and doves, "the tax cuts were seen as very beneficial for economy.

U.S. factory activity increased more than expected in December, boosted by a surge in new orders growth, in a further sign of strong economic momentum.

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