In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weaknes
In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness.
Gold price is consolidating the previous bounce but remains confined in a narrow range near $2,350 early Friday. Gold price awaits the highly anticipated US Core Personal Consumption Expenditure Price Index, the Federal Reserve’s preferred inflation measure, for a fresh directional impetus. There will be more supply of Gold @2362 area due to less demand price...
EUR/USD bounces back after slipping below the crucial support of 1.0800 in Thursday’s New York session. EUR/USD is in demand we still expect further increase .The major currency pair recovers as the US Dollar (USD) extends its correction after the revised Q1 real Gross Domestic Product (GDP) report showed that the United States (US) grew at a slower rate of 1.3%...
