Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Trump has made more than $1 billion from crypto in a year. How? 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
There is a floor that has come under heavy assault in recent times. It is maintained by Czech National Bank (CNB) between Euro and Czech koruna at 27 Koruna per Euro.
The Czech National Bank (CNB) has left interest rates on hold at 0.05% as expected, which leaves intervention as the tool to defend its peg.
Moreover, central bank has vowed to use exchange rate as additional instrument for easing monetary policy.
This means central bank is vowing to use unlimited intervention to defend the peg, which will result in heavy printing/selling of Koruna.
With peg clearly under attack expect foreign exchange reserve of CNB to skyrocket.
As long as Euro fails to gain strength and moves to upward trajectory, the pressure is unlikely to ease on the peg.
Many investors are reported to be going long in Koruna while funding from Euro as gain could be substantial if the peg is removed similar to what Swiss National Bank (SNB) was forced to do with EUR/CHF peg in January, 2015.
Euro is currently trading at 27.02 against Koruna.
