Commodity Currencies
Canadian Dollar scorching hot…all because of 1/4% rise in rates
Aussie Dollar…on the verge of a BIG breakout…maybe they raise rates too
Optimism for Commodities…and ultimately for PMs !
Spock has bee highlighting a breakout imminent in the Aussie…based on long cycles.
Interesting cross currents right now..
With Emerging |markets breaking out and Commodity currencies breaking out its hard to be expecting deflation at this time.
When will PMs figure it out ?
Oh then there’s this little cool place called China…you may have heard of.
Like it Fully. I’m still bullish it’s been a tough few weeks. Bull, bear, bull, my head is spinning 😉