As they say in Italian, “Arrivederci Euro, Forte Dollaro US,” or “goodbye Euro value, the U.S. dollar is strong.” Political unrest in Italy has put tremendous pressure on the euro zone, with the euro-dollar selling off dramatically today against the U.S.
Recent Reports
As far as gold pricing is concerned, it would be fair to say that during the last eight trading days, price movement in gold indicated a week of price consolidation followed by a reversal.
