Looks like its back to the future of the markets as the revert to a formula which has made them scads of money over the last few months, buying stocks, buying commodities and selling dollars.
EUR/USD is back to Friday’s closing levels of 1.3973 and gold is back above $1370. Oil too is on the rise, up $1.70 to almost $83.
Impressive. Trends are a tough thing to kill, which is why I repeatedly recommend against fading them.
