There are times when 1 + 1 = 3
This feels like one of them in the absence of fresh economic news
Middle East tensions simmer with Israel reprisal vs Iran looming at any time
US bond yields up, stocks up – no ign of risk off
Commodity currencies still struggling – sign of risk off ‘ GOLD unable to catch a safe haven bid
As for FX, use the anti-dollar EURUSD 1.10 as a USD strength/weakness indicator…. last at 1.0975