US Dollar Index (DX) soared from 71 last year May as stocks market crashed sending investor fleeing to safe haven USD, T-bills. Peaking at 89 this year March, the DX has since broke down 50% to the 80 level.
Watch commodities index CRB (energy oil, base metals, precious metal, agriculture) rally if DX continues to slide.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
No comments:
Post a Comment