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. The final weeks of the year have shown a clear outperformance of iron ore and silver, followed closely by a sharp ascent in energy---- all typical signs of expectations for a global recovery & further USD damage. Will these markets be right? Will Copper "Mr PhD in Economics" be finally at fault? Will the Medical-Quanttv-Easing of the vaccine swell indices to new heights? Most importantly, will this be accompanied by a boost in nominal yields as well as REAL yields? If inflation does fails to keep up with rising yields, gold and silver may sustain fresh downside. Take a look at this yields chart and stay tuned.
Nov 12, 2021 12:55 | by Ashraf Laidihttps://www.binance.com/en?ref=13288560...
Nov 8, 2021 17:05 | by Ashraf LaidiWe know that Gold's commitment reports from the Comex is for the trading working period ending in a Tuesday.
Aug 10, 2021 18:42 | by Ashraf LaidiThe below analysis was carried out last Friday (Aug 6th), after which both BTC and ETH have risen more than 14% each.