Is currency debasement good for the dollar? Gold, the proven hedge for inflation, meanwhile, took another dive for its worst two-week outing since November. The dollar’s rally on Friday was particularly mind-boggling given the retreat in yields on the U.S. Treasury’s -year note - which had been the catalyst for the greenback’s strength since the start of the year.
In today’s Daily Briefing, we found those amazing setups we thought you’d find interesting!
In today’s analysis, we will focus on the Euro, where traders have been enjoying a flawless upswing.