Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-10 09:43

On Thursday (November 9th), as Federal Reserve Chairman Jerome Powell maintained his tightening tendency, he stated that although inflation has decreased, the central bank still lacks confidence in controlling it. Powell's hawkish speech had little impact on gold, with it closing slightly higher.

Aihuicha2023-11-10 09:40

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-09 09:40

According to Kitco News, financial expert and President and Chief Operating Officer of Asset Strategies International, Rich Checkan, said that with the escalating tensions in the Middle East, gold prices have risen by over $160 in the past month. However, if a third party participates in the conflict, gold prices will experience a greater increase.

Aihuicha2023-11-09 09:38

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-08 10:13

On Tuesday (November 7th), the US dollar rose, world stock markets regained ground, Wall Street stock markets surged, and investors evaluated the Federal Reserve's comments that the US economy was too strong and may need to raise interest rates again to curb inflation. The rise in risk aversion caused by tensions in the Middle East has subsided

Aihuicha2023-11-08 10:10

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-07 09:58

The growing hope around the Fed not raising interest rates is good news for zero yield gold, but it also boosts overall risk sentiment - as investors purchase riskier assets, it limits the upward returns on gold prices. Nevertheless, since the Hamas attack on Israel, gold prices have risen by more than 8%, hovering around the psychological level of $2000.

Aihuicha2023-11-07 09:55

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-06 09:34

In recent times, the Canadian dollar has sharply fallen to around the 1.39 level against the US dollar. What are the underlying reasons? Will the Canadian dollar fight back from the Jedi?

Aihuicha2023-11-06 09:29