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A Wild End to a Wild Week: Dave's Daily

$USD, DXY, FXE: The Germans helped things out with their vote while options expiration took care of the rest.

 

 

GLD: Gold was hit hard with the reversal in the dollar oddly. Remember, precious metals options expire on Tuesday.

 

DBC: Commodity markets did reverse Friday but dominated by energy reversed course if only for today at the bottom of the range.

 

$WTIC/CRUDE OIL: Crude oil markets are still under pressure but the trading range remains.

 

XLE: Those that could probably caught and exercised some $50 strike prices.

 

DBB: Some, or even a large part of the rally here today was due to Australia reconsidering tax on miners.

 

Continue to Overseas & Emerging Markets

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