Fundamentally the US economy is strong enough to withstand an interest rate hike. Central banks stance of various economic matters like interest rates also tell us their currency stance. Currency market moves in the third quarter will be the key to precious metals and base metals. The third quarter of the year favored US dollar bears. If fundamentals dictate currency markets in the final quarter, the final quarter should belong to US dollar bulls.
German election results are the key for euro.
This post was published at GoldSeek on 25 September 2017.
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