Currencies: USD continues to Sink, Real +34%, Year-To-Date Tables

Gold continues to move higher, and USD continues to drop. The table below shows the losses of the dollar versus major world currencies, on a YTD and 3-month basis.






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The best performing currrency continues to be the Brazilian Real., which can be traded through the BZF ETF. Chart with Bollinger bands shown below:











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The trouble with the BZF is that it is very close to overbought, with an RSI7 of 69.31. The weekly RSI7 is even worse at 72.34. This is dangerous territory.