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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
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check it out :)
Will this pull in more buyers? Or does this form a psychological level for people to take profit and ride down before fresh putting bids?
Thanks! W/ you...
Asad
That's a VERY good macroeconomic point! No, seriously. Can you please explain how this would work. Thanks...
Asad
http://www.ashraflaidi.com/forex-news/
Ashraf
regards
There's plenty of China economic data coming out next week. I understand the expectation is much lower than previous. I am guessing this would be a "show" needed avoid raising rates. If they genuinely intended to raise it, they would have done so already. Don't they have to get a print of CPI over 3 first to raise rates?
Am not sure about that. One could argue that CNY appreciating is USD bullish due to lower US trade deficit, and thus, Gold bearish.
I am not sure about this but lately Gold seems to be going up no matter what the dollar does.