Gold & Dollar – Which One Leads?

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Derek Frey was on Forex TV talking about the next moves of gold. Does the dollar pull gold or the other way around. The answer is quite interesting. In this interview, Frey also talked about Bernanke’s speech, the Aussie, the loonie and more. Quite interesting.

Speaking with Julie Sinha, Frey also addressed the Euro, which fell below 1.40 towards the end of the day. The Euro’s moves are quite exciting recently. A close under 1.40 has an important psychological effect. Stay tuned for the outlooks for the next week.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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