From the Desk of Ian Culley @IanCulley
Fiat money worldwide is sidelining the dollar.
Emerging Market currencies were the first to strike. Now, their developed Market counterparts have joined the fray.
The result: Global equities and precious metals are catching a bid.
After a challenging second half, perhaps the year’s final weeks will be a layup for stock and forex traders.
And with the Australian and New Zealand dollars completing tactical reversals against the USD, the Canadian dollar could be next…