Intraday Market Thoughts

Yen & Gold Sink in-Sync

by Ashraf Laidi
May 10, 2013 17:27

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Yen & Gold Sink in-Sync - Gold Vs Jpy Crosses May 10 (Chart 1)

The combination of: i) rampant monetary easing; ii) passive currency depreciations and; iii) disinflationary economic data and;  iv) soaring equities has produced the perfect storm against both gold and the Japanese yen. See full analysis here


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