After the early morning rally post-today’s positive jobs report, the dollar made a second major move against the Euro ahead of lunch. Gold is now down 4% to $1,170 and stocks have just tanked, losing all of the morning gains.
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See Also:
- Did Today’s Jobs Report Kill The Dollar-Stocks Correlation?
- IMF: Rising Asset Correlations Prove Roubini’s Dollar Carry Trade Warning
- Bond Funds To Bet On A Dying US Dollar