Gold/Silver is sitting on its 200 DMA & 50 WMA.
Looking at this to see if Silver keeps leading.
I doubt we’ll get a definitive answer until after Friday’s Payroll #
Germany and Taiwan country ETF’s are breaking out to the upside above their 200 DMA’s.
Yra is always ahead of the curve when it comes to capital flows.
A move that started with the commodity currencies is now maturing in the continentals.
July & August have seen big currency moves over the past 40 years.
Particularly August when the Europe is at the beach.
Money is flowing out of Dollars. Those repatriated Euros, Aussie, Loonie ect. are showing
up in the strength of their bourses.
News front; there is an article from Andreesen’s Katie Huan predicting the end of cash in 10 years. Interesting read along with all the other crypto news today.