MTECHTIPS;-Silver to trade in 37378-37964

MTECHTIPS;-Silver to trade in 37378-37964

MTECHTIPS- Silver trading range for the day is 37378-37964. Silver prices remained under pressure as the release of minutes from the U.S. Federal Reserve’s last meeting remained in focus. U.S. manufacturing data boosted expectations the Fed would raise interest rates again this year as other central banks shift towards tighter monetary policy. BOE’s Ian Mc Cafetiere stuck to his view that interest rates should rise now, saying that the economy has not slowed by as much as predicted.BUY SILVER SEP 2017 @ 37700 SL 37550 TGT 37950-38100. MCX

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