Central Banks have for sure…
Since 2009-10, the build up has been constant and the geo-political risks have only accelerated the move.
Nikkei has a good roundup of who’s having what.
1296-1307 is a topside range the market is looking at for further clues, I trust it’ll need a fresh (probably bad news unfortunately) impulse to take it through there.
It’s trading around 1290 writing this .
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