BNP: Spot Trader View

From the FXWW Chatroom: USD: The market is very bulled up on gold and I think this reflects the bearish USD sentiment, low yields, some fundamentals (China/Russia accumulating lots) – but as the running of the bulls grows louder the price has stopped rising. I would keep this ticker up for some indication that the next big move in EUR is lower. If that is the case it will likely come along with a falling gold price.

Leave a Reply

Your email address will not be published.