In This Issue..
* Very Tight trading ranges...
* Gold and loonies are cheaper today...
* What are these guys thinking?
* China not 'ideal' to buy gold?
Good day... And a Terrific Tuesday to you! Well... Here we are this morning, the currencies have basically remained stalled, with only the 'higher yielders' making any headway, albeit small headway.
The non-dollar currencies saw a bit of selling yesterday morning, after I signed off, but have rebounded, like I said, a bit in the overnight markets. There's a feeling among us here on the trading desk that we're about to break out here... It's either going to be a break out to the high side or the low side... But I doubt that we're going to remain in these tight ranges for too much longer. But, that's just my opinion, of course, I could be wrong!...