RE: US Dollar: Where next ?

You are viewing a single comment's thread from:

US Dollar: Where next ?

in vincentb •  7 years ago 

Update on 26-Mar-18: The $USD found it difficult to move above the 50dMA resistance and has fallen to 89. This is not surprising based on the news from China today about the replacement of the Petrodollar with the Yuan. The next target is likely to be around 80 which is a major development for the USD reserve currency. If 80 does not hold, then USD could be toast. This development looks very positive for the precious metals though.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!