How much longer can the US dollar rally last?
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Description
In this episode of The Pod of Gold, Nick Frappell & Shae Russell discuss how one indicator would have tested the resolve of most traders, the absolute smashing for most currencies against the US dollar, why Brent’s retreat won’t last and what could cause gold to jump despite the current strong dollar. Time Stamps: · 0:40 — Gold’s shooting star was a warning · 4:28 — An unpleasant test for traders · 6:31 — Silver’s falls outside the cloud and challenges the bullish view · 12:02 — The DXY and its 39-month cycle · 16:00 — Is the US dollar rally entering its last phase? · 18:12 — Expectations for the Fed’s terminal rate have moved higher · 20:13 — Brent sees a soft retreat, yet high targets remain · 22:59 — There may be an even bigger fall ahead for the Aussie dollar · 27:23 — Key take away · Previous episodes referred to can be found here: o Episode #15 - https://anchor.fm/pod-of-gold/episodes/Crudes-correlation-to-gold-and-why-the-bulls-are-ready-to-charge-e1h73qt o Episode #14 - https://anchor.fm/pod-of-gold/episodes/Instability-risks-in-China-grow-as-gold-sniffs-out-support-e1grf7a o Episode #11 - https://anchor.fm/pod-of-gold/episodes/Gold-and-commodities-soar-as-Russia-Ukraine-conflict-drives-markets-e1fegni
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