What Would Happen To USD If Oil Hits $100 A Barrel?

Technical Perspective

The main focus is now on a retest of the year to date high (and 2011 low) around 75.15. Above here and the next technical resistance level will be the 61.8% retracement from 2014 highs around 79.51. To the downside, support is seen along the bullish channel base which, while intact, keeps focus on the further upside.

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What Was the Strongest and Weakest Currency This Week?

Gold Silver Reports (GSR) – If you took the % changes of the major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD) vs each other, and added up those values, you could rank the strongest and the weakest. Note the changes are not weighted (like the DXY index is weighted), but just a raw sum of the changes.                   

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