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February 26, 2009 | By: Tim Iacono |
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Who knows where things will go from here - yesterday was certainly an interesting day for both the trade-weighted U.S. dollar and gold - but the relationship between the two certainly seems to have changed quite dramatically over just the last month.
What used to be an inverse relationship that saw the two going in different directions more than 70 percent of the time has turned into a very positive correlation over just the last month or so, the two moving together for 15 consecutive days as of last Thursday.
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