Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

good point Daytr others may know more suspect tied up with $US...

First 18 Last

Share
Profile

Follow
cha

5,771 Posts.

608

31/10/14

09:49

Post #: 14213347
Share

Originally posted by Daytr ↑

One thing that is confusing me in the last couple of days in the markets. The USD is up generally, i.e. JPY, EUR, NZD & Gold are all down, but not the Aussie, in fact its higher & its showed good strength prior to the Fed brushing up against 89c.
What am I missing? Yield back in play? If that's the case, it doesn't really explain why the Kiwi is down as well.

Thoughts anyone?

Expand

good point Daytr
others may know more

suspect tied up with $US debt of some countries esp in Europe. Aus doesnt have problem to same extent?
US QE over for now.may take awhile to see impact.
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 60 more messages in this thread...

First 18 Last

Add GOLD (COMEX) to my watchlist