from King World News
With the US dollar continuing to struggle, here are more bullish catalysts for the gold and silver markets.
November 17 (King World News) – Peter Boockvar: We talk a lot about the euro heavy dollar index (euro is about half the index) when measuring the direction of the US dollar, which today is a hair away from the weakest level since April 2018.
[…] But, there has also been clear dollar weakness specifically against Asian currencies where today the Bloomberg JPMorgan Asia Dollar Index is rising (stronger Asian currencies) to the highest level since June 2018. The better containment of the virus, less of an economic contraction and thus a quicker rebound all are catalysts for this strength.