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The gold ratio seems to think there could be a dollar revival. But I am skeptical that works more than a few days. The ECB will raise rates just once to show its priorities - fighting inflation. That will jar the sensibilities of the currency traders. They live in the future - real or imaginary - and will not tolerate anything that will attract money to the Euro. It is just a flutter, nothing real.
Jun 23 17:04 pm
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