Sunday, February 17, 2013

Forex update, Gold suffers as stocks continue to edge higher

Last week's G20 meeting had a big impact as currency wars were the main theme, with FX markets coming under pressure driven by domestic fundamentals. The Fed minutes are expected this week, which may indicate a limit on Dollar strength. Gold has been hit hard in the last week, trading around $1,630 on Friday - conversely stocks have been hitting 5-year highs, but can it last?



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