Chinese gold ETFs’ AUM reached a record high for the month of March.
Source: China’s gold market rebounds – MINING.COM
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China’s gold market rebounds
Author: OlgaFuscooqj
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China’s gold market rebounds
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USD Soared to 11-Year High against EUR
Encouraging US data and widening yield differentials lent further support to the greenback, sending EURUSD to the lowest level in 11 years. There have been rising speculation that the currency pair would trade at parity by the year end. Wall Street weakened amidst concerns that Fed’s tightening would slow the growth momentum.
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USD Soared to 11-Year High against EUR