The common currency rallied almost a full 100 pips off its low in the span of a couple of hours but especially within the last hour. As it moved up, gold shot up as well as silver and even copper.
As soon as I can find out something I will throw it up here at the site, assuming I have some time to do so. It is a busy morning with extreme volatility being seen across a large number of individual commodity futures markets.
Take a look at the combo chart showing gold on the bottom and the Euro on the top. Note that the relationship is almost perfect! As mentioned before here, gold is going to take its cues from the currency markets.
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