The Count and The CNY

A lower euro means a higher dollar.

24
Thu, Dec 13, 2018 - 10:32am

Count Draghi flapped his gums earlier and this, combined with more trade war concerns, has sent Comex gold lower today as we watch and wait for next week's FOMC.

So, The Count crawled from his crypt today to declare an end to ECBQE...at least the printing of euro part. On its surface, this should have been euro positive. However, The Count went on to explain that the EU economy would remain weak with inflation subdued. This led to euro weakness and a rising Pig...as you can see below:...

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