Tag Archive: weak dollar

Why the Dollar Is Overvalued

The U.S. dollar has been on the stronger side of the ledger in recent months. There are numerous factors at work that have kept the greenback moving higher, including strong U.S.  economic data and weakness in other regions. Creeping Weakness Affecting the Dollar Recent months have seen some significant weakness creep into the U.S. data stream, however, and China has been reporting some serious weakness of its own. The dollar has likely enjoyed the benefits of weaker growth in emerging markets and the fear of... Continue Reading

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Is Gold Setting up for a Significant Move Higher?

Although the gold market may be seeing some weakness to begin the new trading week, the yellow metal is likely just seeing some profit taking after prices hit a one month high. We have seen this song and dance before, where gold sees some moderate selling ahead of an interest rate hike only to move higher following the hike. We expect this time around to be no different, as the Fed appears ready to pull the trigger on another rate hike in mid-June. The gold... Continue Reading