Ashraf Laidi | Feb 16, 2018 05:13PM ET
What a week it’s been. In the FX markets’ flip-of-the-coin, it appears that heads: bad news for the US dollar, tails: worse news for the greenback. USD/JPY hit a 15-month low of 105.55 and EUR/USD tested 3-year highs of 1.2555 before pulling back by a full cent as traders squared some of their positions ahead of the US President day weekend and the Chinese New Year.h3 Key Points To Watch/h3
As long as the US economy is set to move from the enormous Fed printing stimulus to a tax/debt stimulus, then we could see as low as 81 in the USD index this year and as high as $1520 in gold.
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