The euro zoomed up against the U.S. dollar at warp speed today on news that the rest of Europe and Greece would come to some sort of understanding concerning the Greek debt situation.
Recent Reports
We live in a world of Goldilocks data reports. Not too hot, not too cold, not quite “just right.” From our point of view, the economy is still lagging.
With the U.S. dollar struggling today, seeking its own direction after a downward revision of GDP for the first quarter, gold has taken advantage and moved up in afternoon trading.
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