You can compare
the USD against gold, but gold goes up and down in value *.
Not exact matches
It need be noted that this «
USD reversal lower as largest risk» thesis comes
against the supporting «reversal context» of short - term tactical opportunities TRADING AGAINST REFLATION within rates, curves, EM and gold for instance (highlighted by my colleague Mark Orsley this morning), which is taking advantage of technical reversals / loss of Q4 trend mo
against the supporting «reversal context» of short - term tactical opportunities TRADING
AGAINST REFLATION within rates, curves, EM and gold for instance (highlighted by my colleague Mark Orsley this morning), which is taking advantage of technical reversals / loss of Q4 trend mo
AGAINST REFLATION within rates, curves, EM and
gold for instance (highlighted by my colleague Mark Orsley this morning), which is taking advantage of technical reversals / loss of Q4 trend momentum.
If that does happen, there is an inverse correlation between
gold and the
USD, which means that there is a good chance that this would send the dollar up higher
against other currencies.
(
Gold and EUR have been moving up and down against the USD in virtual lockstep so shorting gold was more or less the same thing as shorting E
Gold and EUR have been moving up and down
against the
USD in virtual lockstep so shorting
gold was more or less the same thing as shorting E
gold was more or less the same thing as shorting EUR.)
Many market makers offer the MT4 platform and list
gold as a pairing
against the
USD (XAU /
USD) on these platforms.
Retail traders are able to access
gold trading via the forex platforms, which list the
gold asset as a pairing
against the
USD or Euro.
As
gold is seen as safe heaven
against fluctuating economy and equities market, every trader or investor wants to have exposure in this yellow metal but they do not want to trade in international market where investment required is huge and also base currency is
USD.