The Global Economy & Markets Are All Connected – JenkinsRM

The Global Economy & Markets Are All Connected

We are seeing this week how everything in the markets is interconnected, as I type the $EURUSD is testing the 1.16 area the highs from 2015, Gold and Silver are testing their respective highs from last year, the Dollar Index is testing the low support area from last year (92 area), Oil appears to be topping, and the USD/CAD is finally catching a bid after a long slide.

The global economy is like a rainforest everything is connected and everything matters in Global Macro. Its never black and white with one cause and effect driving a move, its always several factors and everything happens on the margin.