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<p>[QUOTE=&quot;jolumoga, post: 1719496, member: 41780&quot;]Pretty soon key economic numbers will come out and will determine whether the dollar rally continues or runs out of steam and corrects.&nbsp; Currently, noted currency analysts are bearish on the U.S. dollar and the S&amp;P500, claiming they are likely going to experience a correction given their prolonged bull runs.&nbsp; When market consensus builds too much, it is known as a &quot;crowded trade&quot; and is a bearish indicator in the short term, because new buyers are needed to continue bull runs.&nbsp; PMs have been depressed under the assumption that the Fed would begin tapering asset purchases. So if the numbers come out negative it will be a boost to PMs by weakening the dollar, since the Fed will be forced to continue easing. So we may see a bounce to 25-26 if the dollar drops.&nbsp; Again, this assumes the numbers come out poor or if the dollar significantly corrects in the near term.[/QUOTE]</p><p><br /></p>

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