A ... I'm assuming that Asia is responsible for the 2/3 that were picked up by foreigners, since the euro/usd hit seems quite tame this afternoon compared to what we've seeing elsewhere. The so-called 1:1 move between the euro and gold is out of step.
Fwiw, I've got a 1.25 target on the euro/usd-- but today's action would suggest that I'm probably estimating to the low-end. I also think that the loonie is close to a bottom-- and I remain bullish on energy.
Market Data 
Markets 
AI
