Skip to main content

My thought on Gold (XAU) /Silver (XAG) / EUR / USD fundamental analysis 11 June 2014


My analyst for the week
Gold XAU↓
Silver XAG↓
Eur ↓
USD ↑

With the Russia/Ukraine issue settling down to non war issue, the precious metal market seem to have relaxed and now focusing more on the EUR market.

China seem to be recovering base on the recent data released, but there are still worry that the China credit market is shaky. There are some rumor regarding China company using the same asset for multiple loan. And there is still no clear direction for China properties market.

Recent USA market data is quite good. With the employment rate going up and the market reacting positively to the news, USD should be showing some strength soon.But the student loan issue seem to be getting worse and no clear active had being taken by the US government to help the issue.

With the recent EUR negative rates, the precious metal seem to have a short boost. This might be due to the possibility of a hyper inflation from the credit influx as bank are now in theory dumping credit into the market to escape the negative rate monster.

And with Russia, China and Iran getting closer through trade(by passing USA sanction) and the unstable nature of the Asian area, precious metal seem to have rally this few days. Rumor on Russia stock piling Gold and Silver to escape the USA sanction.

Please be advise that playing with forex might cause you to lose all your money.

Labels:

Comments

  1. BloggerMay 22, 2017 at 6:36 AM

    This comment has been removed by a blog administrator.

    ReplyDelete

Post a Comment

Popular posts from this blog

Today's Forex Focus, 30 Jan 2024

 Ah, nephew, let's dive into the Forex market today, shall we? It's like peering into a crystal ball, but with a bit more logic and a lot less mysticism. First up, we've got the EUR/USD pair showing a bit of a bearish tilt. The dollar's holding steady like a rock in a stream, buoyed by investors who've got their eyes glued to the upcoming Federal Reserve policy meeting. There's a bit of a buzz about geopolitical tensions in the Middle East, making investors a bit jittery and giving the dollar a bit of a boost​​. Then, there's talk about the Federal Reserve potentially pushing back against the idea of a rate cut anytime soon. This is like a plot twist in a thriller movie for the traders, who are now less convinced about a rate drop in March. The dollar, meanwhile, is flexing its muscles a bit, up by 0.19% against a basket of currencies. Across the pond, the Euro's taken a bit of a tumble, and there's chatter about when the European Central Bank might ...
Post a Comment
Read more

Free server for Terraria: Singapore Base

Update: Click here for the latest update IP: 175.156.159.250 port: 7777 password: server672011 email: ohguowei@gmail.com updated: hai, i give up on port forwarding. sorry guys, i will be using hamachi for terraria. this game is just too unstable for multi player hamachi ip: 5.100.228.220 hamachi network: sgterraria hamachi password: sgterraria terraria password: server672011 opening time 12pm to 12am. email me if you need help, but dont expect me to do much since this is a free server.
Post a Comment
Read more

My thought on Gold fundamental analysis 22 April 2014

Gold broke the 1280USD barrier dragging the bunch of precious metal with it, seem that it will be going down for awhile as the US economic strengthen ( student loan issue? ). Maybe time to get some platinum ?
Post a Comment
Read more