MacroVoices #373 Ole Hansen: Commodities Update
Macro Voices
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The Dollar's Consolidation at Low End of Trading Zone
The VIX was down to like the 1716 handle on the downside, daily volatility implies we're single digit at one point. The Dollar's consolidation at the low end of the trading zone has steadied now and it could last a while. A close over 105 or below 100 is needed before a new directional trend can be declared.
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