Gold To Rise When Treasury Currency Report is Published
By GCRU Gold News on Wednesday, April 12 2017, 23:57 - Permalink
The US Treasury report on currency manipulation was ordered by Donald Trump to address the issue of countries manipulating their currencies, normally to devalue them and give an unfair advantage to their own exporters.
The report is expected to be published mid-April and it expected to have a strong impact on the currency markets.
Another market the findings may impact is that of Gold which is heavily influenced by sentiment flows as it is used as a safe-haven in times of stress.