Having rallied back up to Brexit day spike highs at $1370, it appears - despite equity weakness - that a sudden burst of USD buying has sparked a brief slide in precious metals with gold retracing some of yesterday's gains... Oil prices are also sliding on USD strength (having tagged $40).
Modest drop for now as 1370 support is lost...
With the USD Index spiking..
Oil is falling back after rallying to $40 after last night's API data...
Charts: Bloomberg
Comments
Log in or sign up to join the conversation.