#RiskOff

So biggest casualty of #Fed warning on #US #economy y'day, was #Gold,which dropped 3% to $1951.90 an ounce,within minutes of #FedMinutesSilver too fell below $28Rout was not limited to precious
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Trading #US $Dollar: Basic Macro ConstructTwo key Dollar drivers:#1 Growth/Inflation/Risk-sentiment (y-axis)=> Inflation Breakeven (BE) (/ Equities)#2 Nominal Interest Rates (x-axis) => 10yr US Treasury Yield1/10 Q=QuadrantQ1: Risk-On
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