MacroVoices #373 Ole Hansen: Commodities Update
Macro Voices
00:00
The Dollar Index Continues to Hold Along Flows at 101 to 105 Levels
The Dollar Index continues to hold along those previous flows at 101, but we're really what decide this is all of the central bank news that we're beginning to be getting in the next week. The Bank of Japan here, the ECB and the FOMC all within a week may determine whether or not the Dollar has another leg lower Or if the trade range prevails. Gold Futures are stuck between round number support at 2000 and overhead resistance between 2060 and 2080. My prediction is that we will eventually get to new all-time highs before this bull market is over. But not right away.
Play episode from 01:06:53
Transcript
