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17 Feb 2024 2 minute read 0 comments Perfectionist25
Euro - dollar parity is at 1.0775. As inflation data in the United States came in higher than expected on Tuesday, there was a sale in all assets against the dollar. All instruments such as euro - dollar parity, sterling - dollar parity, ounce gold,...
15 Feb 2024 1 minute read 1 comment Kenzoo
Soon entering the month of Ramadan for the Islamic calendar. And as usual, seeing the problem of price increases ahead of the month of Ramadan, there will be an increase until the month of Shawwal, especially the price of gold in the market. Followi...
14 Feb 2024 5 minute read 0 comments Perfectionist25
After the inflation data announced in the USA yesterday, there were sharp declines in euro, sterling, gold, silver and cryptocurrencies, and the euro - dollar parity also got its share of these declines. Euro - dollar parity is currently at 1.0714 le...
13 Feb 2024 3 minute read 2 comments SweptOverNiagara
This morning, I released a post just before the U.S. CPI report came out. I showed how gold was suddenly rallying. In fact, gold had rallied up to $2,031 right before the report came out. Well, that rally didn't last long. When news hit that CPI came...
13 Feb 2024 3 minute read 2 comments SweptOverNiagara
I made sure to brew a full pot of coffee for this post. Bitcoin, Ethereum, oil, gold and the dollar are up, up, up! Welcome to my inaugural post for my new series, 'Morning JAVA'. Cozy up with a hot cup of your favorite coffee in the morning for a go...
13 Feb 2024 2 minute read 0 comments Perfectionist25
Euro - dollar parity is at 1.0790 level. I have often stated, especially last week, that figures below 1.08 offer a buying opportunity. Currently, it continues to provide buying opportunities. I will follow the 1.09 resistance this week at the 1.0790...
12 Feb 2024 3 minute read 1 comment Perfectionist25
On the Dow Jones side, the upward peaks continue to be renewed with some slight corrections. We saw a minor correction on Friday, but we can see that it is still strong. 38300's will be important for us in the coming period as it is the point where b...
9 Feb 2024 3 minute read 0 comments SweptOverNiagara
Bitcoin is back in the news this morning after climbing +$2K in the last 24 hours. At one point, this morning, Bitcoin reached $47,685 before retreating sharply by about $700 just in the last half hour as I write (9:30am) to just below $47K. At the...
8 Feb 2024 2 minute read 1 comment SweptOverNiagara
It's not just central banks buying up gold. In all its forms, whether bullion, jewelry, manufacturing or investment demand, 2023 was a record year for gold sales, totaling 4,899 Tons. Maybe that's another reason why the price of gold remains elevated...
7 Feb 2024 2 minute read 3 comments SweptOverNiagara
It's amazing that for two years in a row, central bank gold buying has surpassed 1,000 tons. 2023's total of 1,037 tons fell shy of just 45 ton for the previous year 2022 which in itself, was a record breaking year. This has certainly helped the pric...
