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Article Archives (2009)
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EURUSD 1.1847 |
USDJPY 106.52 |
GBPUSD 1.3096 |
AUDUSD 0.7172 |
USDCAD 1.3251 |
GBPJPY 139.51 |
EURJPY 126.21 |
AUDJPY 76.40 |
CADJPY 80.37 |
Silver 25.93 |
Precious Metals Mangled
As Ashraf predicted last week in terms of price and time, precious metals took a sharp fall that turned into one of the largest declines in years. Euro and franc are the top performers against USD and Kiwi and JPY are lagging as indices attempt to retrace late Tuesday's losses. US July CPI came in as expected. Ashraf is on holiday til the rest of the week, but he pointed out a few voice notes and trade ideas to the WhatsApp Broadcast Group. أشرف العايدي سيكون في إجازة خلال الاسبوع الحالي
Too much new money and too many weak hands was the story of the last leg of the gold market. A reversal in Treasury yields on increasing supply led to a rush to the exits and a 6% decline in gold and 15% drop in silver.
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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