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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)
It was down around 1.47-48 as recently as early March. Previous lows were Jan & Mar 2009, but that was in the financial meltdown period.
With gold just $10 short of touching $1200 price level and DX creating a new high and GBP being lowest its ever been in many many year along with EUR. Does the Gold price action somehow reflected on Dollar, gives you the real value of Dollar. Would like to hear your thoughts on that.
Plus is there a chance that the ECB and BOE may raise interest rates 25bp before the end 3rd quarter.