Reason for buying? FED Lowering their interest rates which is good for the Gold. Gold was a traditional Hedge against inflation, with Trump proposed tariff which likely inflationary, I guess Gold will get some demand on this Demand for Gold in some Asian countries. China's central bank resumes gold purchases after six-month hiatus in Nov (Source:...
Fundamental Analysis & Market Sentiments US Dollar * Trump wins the Presidential Election. Economists said that the proposed tariff will likely cause inflation uncertainties. FED more likely will not be more aggressive by cutting -------------------------------------------------------------- CHF Swiss Franc * Inflation data ease FALL to 0.6% from 0.8%...
Fundamental Analysis & Market Sentiments USD * Trump wins the Presidential Election. Economists said that the proposed tariff will likely cause inflation uncertainties. FED more likely will not be more aggressive by cutting its Interest rates. This can cause to dollar be more attractive than the other...