Thursday 23 March 2017

Protective assets are back in fashion (2)

Moreover, in the event of a Trump failure, the sales on the stock exchanges will activate and can be transformed into a tangible drawdown, especially given that the indices fall from record highs. Against this background, players will continue to show interest in the Japanese yen and gold. The precious metal, which rallies over the past six trading days has almost actually played the fall, which started in late February and reached its highs on March 1 at around 1249.33.
The development of the current trend on world markets is able to send gold quotes above 1250, and USD/JPY in this case risks targeting the lows on November 22 last year at 110.25.


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