Cara Community |
| Tables & Charts for Monday, Feb 6th, 2012 Posted: 06 Feb 2012 09:03 PM PST |
| Bill Cara's Blog for Feb 6, 2012 Posted: 06 Feb 2012 04:00 AM PST CTA Trading Desk Morning Report I looks like the three week US dollar decline could be ending in the short term. The dollar is rallying this morning and if that continues, downward pressure will be exerted on stocks and commodities. It looks like gold was sniffing this out on Friday as general equities rallied from the "excellent" employment data but gold fell. We do expect weakness to be bought in gold, silver and mining shares. |
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