Currency Carnage Continues: Cable, Yen Turmoil; Precious Metals Pounded

by Tyler Durden
ZeroHedge.com
Oct 6, 2016

US equity markets remain unimpressed despite the best efforts of a soaring oil complex and collapsing yen. Following further comments from Theresa May confirming ‘hard Brexit’ looms, cable continues to crash to a 1.26 handle – fresh 31 year lows. Yen is also in freefall once again, smashing the USD Index to 2 month highs. USD strength has accelerated PM losses with gold and silver erasing all gains post Brexit.

The Rest…HERE

This entry was posted on Thursday, October 6th, 2016 at 10:43 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.