Intraday Market Thoughts

Euro Hammers Gold & the Rest - Charting XAUEUR

by Ashraf Laidi
Dec 14, 2012 18:28

EUR is the days highest performer (out of top traded 16 currencies) DESPITE falling equities; stabilizing yen and falling gold. Traders books nearing year-end are unwinding euro shorts vs. gold, which were accumulated in early May by Greek elections uncertainty. See full charts of XAUEUR & EURUSD.


Latest IMTs