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My Thoughts on Current Markets-92

23 Feb 2024 2 minute read 0 comments Perfectionist25

Euro - dollar parity is completing the week above 1.08 level this week. With the decline in the dollar index, the euro - dollar parity increased by one point again and is currently at 1.0827. Since my expectations in the medium and long term are posi...

My Thoughts on Current Markets-90

19 Feb 2024 2 minute read 0 comments Perfectionist25

Euro - dollar parity is at 1.0765. Since the dollar index remains slightly above the 104 level, I continue to follow the 1.07 - 1.08 range here. Euro - dollar parity still remains cheap in my opinion. On the ounce gold side, there is the 2016 dollar...

My Thoughts on Current Markets-89

19 Feb 2024 3 minute read 0 comments Perfectionist25

After the recent correction on the Dow Jones side, we entered the recovery process with the inflation data. Here 39000s have become important now. Psychological levels, if we can get pricing above this level, movement towards the 39800 - 40000 range...

My Thoughts on Current Markets-88

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,...

My Thoughts on Current Markets-87

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...

Gold Falls Below $2K. First Time In Two Months!

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...

Morning JAVA: It's Official. Bitcoin Hits $50K!

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...

My Thoughts on Current Markets-86

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...

Central Banks Bought 1,037 Tons Gold In 2023!

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...

My Thoughts on Current Markets-83

7 Feb 2024 2 minute read 0 comments Perfectionist25

Euro - dollar parity is at 1.0773. I would like to remind you that my expectations for this year continue at 1.12 and then 1.15. There are upward movements again on the ounce gold side. In particular, I stated that the 2018 dollar level was a strong...