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US Dollar Slips while Everybody Talks Vax
To me the buck [-0.80%] had the most interesting move this week – it fell four days out of five, printing a weekly swing high/strong bearish reversal (70%). Money flowed into bonds [-7 bp to 1.27%], and is starting to move out of equities – at least a little bit [-0.37%]. SPX sector map was bearish. Perhaps that mild decline in equities is hinting at the foreclosure moratorium ending? If the dollar decline continues, it should be good for PM. chart Related: gold, silver and the miners all moved higher, with the miners looking strongest [+5.99%]. XAU printed a strong bullish reversal (68%) and it has resumed its ... (full story)