أشرف العايدي على سي ان بي سي العربية -- 03 أبريل 2013
Apr 3, 2013 15:33
Telling CNBC Arabia that yen traders await Thursday's BoJ decision, which will be scrutinized for whether governor Kuroda succeeds in producing a majority vote in favour of an increase in the amount of assets buys and extending the duration of bonds under the asset purchases program (APP to five years or longer, from the current three years.
There is also the contentious "bank note rule", which stipulates that total asset purchases by the central bank may not exceed total bank notes in circulation so as to avoid monetizing of the debt.
The worst from Cyprus is gone as long as there are no signs that haircuts on deposits spread to other Eurozone nations.
Both ADP and services ISM were a disappointment, which is leading to fresh yen strength vs USD.
The latest Premium trades on EURUSD, USDJPY, GBPUSD and GBPUSD are found here: http://ashraflaidi.com/premium/short-term-forms-medium-horizon
Whether Fed chair Powell sounds dovish or hawlish in his last press conference as chairman of the Federal Reserve later this evening, the downward path of last resistance for gold and silver is 4430/60 and 69/70 respectively. Using simple horizontal support lines, both metals are likely to find next support around this region, which coincides with the closing value of XAUUSD on the day it bounced off its 200-DMA on March 23. The run-up in US (and rest of G7) bond yields is also dragging down metals and boosting US Dollar. The next shoe to drop is likely to be equities at which point, the selloff in metals will diminish.
Click To Enlarge
Latest Hot-Chart - Apr 22
USDJPY and EURUSD
سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
View Hot-Chart..
Understanding US Dollar 2018 2019
I created this chart in December 2024, pointing to the importance of understanding some of the fundamental events shaping USD Index between 2018 and 2019. Why 2018 and 2019.
Read Article..