Chinese rate hikes or tightenings do not effect the Dollar .Why ? Dollar still continues to drop Gold still continues go higher.Till when will it continue so ?
Hi Jacek , Thanks for comment. I also hope a bir downside on Aud but not occurred till now Maybe after the RBA minutes , otherwise commodities go up and in fact Aussiie will be in crisis seriously because of overvalued AUD
Whether ECB or BOE hike , the situation ,is same in USA the unemployment ,FED only afraid of unemployment will not be decreased if they hike earlier , so consider the situation in Europe , in Spain unemployment around &20 ,
If ECB or BOE hike the rates then it will be an historical mistake , too early now ,in order to fight unemployment they both should depreciate the GBP and EURO since Euro opposite of DXY means commodity value currency ,the price stabilization may be achievied only by apreciation of DXY
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
break of gold o which direcion u see
Chinese rate hikes or tightenings do not effect the Dollar .Why ? Dollar still continues to drop Gold still continues go higher.Till when will it continue so ?
Thanks
Thanks for comment. I also hope a bir downside on Aud but not occurred till now Maybe after the RBA minutes , otherwise commodities go up and in fact Aussiie will be in crisis seriously because of overvalued AUD
What is your mid term opinion for AUD / USD ? Do you think strength of AUD will continue ?
According to you what are the support and resistance levels of Gold / Silver ratio ?
Nowadays ratio around 36 , Can it reach once again 15 as in 1980 ?
Thanks
What is your opinion on Gold / Oil Ratio and Gold / Silver ratios , Resistance and support levels ?
Thanks.
If ECB or BOE hike the rates then it will be an historical mistake , too early now ,in order to fight unemployment they both should depreciate the GBP and EURO since Euro opposite of DXY means commodity value currency ,the price stabilization may be achievied only by apreciation of DXY
If BOE and ECB donot hike the rates , DXY how will be effected ?
If so dollar can go to which resistance ?
Thanks