The USD has been falling after the FED hiked interest rate.
The gold price has been increasing due to the depreciation in USD. This is a normal inverse relationship because it will cost lesser to buy gold with the same amount of USD since gold is priced in USD.
However, we believe the dip in the USD is only a temporary phenomenon because of the current investors' denial of the resolution of the FED. The economic logic of the impending continual interest rate increases by the FED will prevail in the future by attracting monies to flow back to the USA and the new USA tax structure proposals will force the monies back as well.
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https://finance.yahoo.com/news/come-fed-meeting-minutes-184443739.html
We're right on the strong resolution of the FED. FED will continue on its rate hiking path.
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