EPIC RESEARCH MCX SILVER UPDATE OF 08 JUNE 2017

Silver trading range for the day is 40207-40963. Silver dropped as the U.S. dollar jumped against the euro following reports that the European Central Bank is preparing to cut its inflation forecast.The ECB will cut its inflation forecast through 2019 because of weaker energy prices, according to officials familiar with the matter.Meanwhile, market players are looking ahead to former FBI director James Comey's testimony before the Senate Intelligence Committee on Thursday.

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