Post by
apapas1973 on Dec 13, 2022 9:40am
Dollar update.
Doesn't look like the US dollar wants to find support. At least not yet. Sounds like inflation numbers were a bit weak. Curious how we close the day on that. It could be in a bit of trouble. Let's see. GLTA
Comment by
WebSlinger75 on Dec 13, 2022 10:05am
Might not be that bad... https://www.cnn.com/2022/12/13/economy/cpi-inflation-report-november/index.html
Comment by
EndZonefor7 on Dec 13, 2022 11:08am
apapas, Gold is flying with the Dow and TSX so we may have hit the peak inflation period. US dollar at a major support/resistance level seen back in May/June. Also it's been trading below the 50 DMA for over a week now so not a good sign for US$ to head up anytime soon.