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My Thoughts on Current Markets-94

26 Feb 2024 1 minute read 0 comments Perfectionist25

Euro - dollar parity is at 1.0843. I will be watching the 1.09 resistance this week. Below is currently the 1.0750 support level. I will continue to follow this band range of 1.0750 - 1.09 for this week. Ounce gold is at the 2027 dollar level. A bit...

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-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...

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...

My Thoughts on Current Markets-82

5 Feb 2024 2 minute read 0 comments Perfectionist25

I stated last week that I would follow the 103 - 104 dollar range in the dollar index. It may even go up to $104.20. But after that it will make it down again. This thought is valid again for this week. The dollar index will attack above the 104 leve...

My Thoughts on Current Markets-80

2 Feb 2024 2 minute read 0 comments Perfectionist25

I thought that by drawing attention to the dollar index, we could target the $104 level. This thought still remains valid. This week, the US Central Bank, the FED, had an interest rate decision. In line with the expectations of the markets, interest...

My Thoughts on Current Markets-78

30 Jan 2024 5 minute read 0 comments Perfectionist25

This week, we started a week with both tension and important data flows in the markets. It is a very important and critical week for money markets. Of course, when geopolitical risks continue to increase, they are inevitably reflected in the money ma...