Ports in a storm

During these times, it may be useful to review some of the trends in the markets themselves for a sense of the market’s priorities.

The currencies which appear relatively strong at present are the Brazilian real, the Australian and New Zealand dollars, the South African rand, the Norwegian krone, and the euro. The currencies that appear relatively soft are the Venezuelan bolivar (at the extreme), the Mexican peso, US and Canadian dollars, sterling and the yen.

Trends specific to the local

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