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Bloomberg/Susanne Barton/2-15-2020
“The U.S. currency is having its best start to a year since 2015, defying the expectations of many forecasters and potentially adding global growth headwinds.”
USAGOLD note: Both the dollar and gold have gained thus far this year on the capital flow to safe havens. Bloomberg reports that the dollar is up 1.9% since the end of December. Gold is up 4.4% during the same period. It is not often that the dollar and gold are traveling companions, but they have been since early 2019 as shown in the chart below.
