Telling CNBC the ECB balance sheet has in shrunk by 5% over the last 6 months compared to increases of 5-15% for the other big three. The ECB's refraining from currency wars may not be the only reason to the euro's sharp rebound. 32-month highs in Germany's business surveys and solid auctions by most periphery Eurozone nations as of late can be categorized among "stabilizing fundamentals" for the Eurozone. The road to $1.37 in EURUSD remains intact as suggested in our Dec 4 note "1.35 Euro Target Revised up". .$1.40 is no longer deemed an aggressive forecast, and is considered baseline objective for early Q2 2013. For tradable ideas on FX and commodities, please our Premium Insights here: http://ashraflaidi.com/premium/trading-the-pause-in-jpy-euro
Sep 2022: Bank of England saved the financial system by backstopping the nation's pension funds. March 2023: US aut… https://t.co/g4dRSBVznD(21 min ago)
@HAJtameem1 Akeed (41 min ago)
@Caven2006 سلامات. تفضل على المباشر DM (46 min ago)
The 3 Faces of $2000 Gold
August 2020, March 2022, March 2023. Then, now, & where?
https://t.co/HBZY1vQ2gi
#forex #XAUUSD #XAGUSD $GLD (54 min ago)
سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 9 مساءً بيروت على
https://t.co/tVaY6gGxqx(1 hr ago)
@Caven2006 سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 10 مساءً بيروت على https://t.co/tVaY6gGxqx(1 hr ago)
سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 10 مساءً بيروت على https://t.co/tVaY6gGxqx(1 hr ago)
المقابلة مسجلة و سوف يتم بهل في وقت لاحقا (2 hr ago)
As gold regains $2000/oz for the third time over the past three years, it's important to distinguish the fundamental and intermarket dynamics for each of these three occasions ($2000/oz) before assessing the road ahead. There are endless combinations of metrics to be used in comparing August 2020, March 2022 and today. I will use the DXY, gold/silver ratio, Fed Funds rate and the Fed's Balance Sheet.