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Dollar Reversal: Prepare for oil and gold prices to drop this week!

Started by tfn · 1 year ago

by J. Christoph Amberger

Baltimore — (TFN): “Futures Traders Bet on Dollar Gain For First Time Since 2005,” headlines Bloomberg.com today.

Net shorts on a decline in the euro came in at 21,315 on April 29 — compared with net longs of 18,907 a week earlier, according to the Commodity Futures Trading Commission (CFTC). Currency strategists now [...]
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