EURUSD 1.2171 |
USDJPY 103.76 |
GBPUSD 1.3682 |
AUDUSD 0.7714 |
USDCAD 1.2733 |
GBPJPY 141.97 |
EURJPY 126.28 |
AUDJPY 80.05 |
CADJPY 81.48 |
Silver 25.44 |
Savings Watch from Central Banks
USD weakness extended anew as the ECB leaned towards guarded optimism in Thursday's meeting. ECB policy makers continue to be more pre-occupied with the deflationary obstacles to recovery. Earlier this week, policy makers at the BOE and BoC highlighted that the fate of accumulating personal savings were vital to the economic outlook once the pandemic has passed. On Wednesday, Ashraf posted the below chart to the WhatsApp Broadcast Group, highlighting a possible recurrence of the Dec 8 peak, which triggered a $50 drop pullback before later bouncing towads the 1950s. Stay alert.
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2020 FX & Commodities YTD Performance
What a miserable year for the US dollar. As goes the December as went the year in FX, while silver & soybeans topped commodities, as oil & coffee ranked bottom in the % Change YTD league..
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21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities
Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order.
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