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Gold surges as equities tank

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Gold surges as equities tank By Brenda Kelly Janet Yellen’s testimony was for the most part a reiteration although she did admit that the outlook for the US could be affected should ongoing global risks persist. The dollar is weaker on the back of the testimony as it now seems fairly clear that while the Fed is committed to normalisation in rates, it won’t necessarily be hiking them again in the near term. It’s not dovish enough for equity markets, which fell in the wake of the event and

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