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PariCovek replied Jan 21, 2015Silly move I made to buy in at 81.70, even though I realised that expectations may shift for RBA to follow BoC.
Spider's Den
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PariCovek replied Jan 21, 2015AUD fell sharply to USD at same time. Expectations must be shifting that the RBA will follow a similar path as BoC sooner rather than later AUD has been oversold in my opinion at USD 0.8162
Spider's Den
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PariCovek replied Jan 20, 2015Is this heading below parity short term? Apparently there is a few non-resident CHF loans being re-financed causing demand for CHF. Once this is over, I see it heading to 1.05+.
EUR/CHF
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PariCovek replied Jan 18, 2015Hi Suggest reading the below, we are entering a period where Copper Supply will just exceed Copper Demand (215k tonnes), but this assumes limited downtime and mine production meeting forecasts. My view on this aspect, like previous years of copper ...
Macroeconomic Analysis
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PariCovek replied Jan 18, 2015I really think we are in a short-term rally on Gold, fuelled by uncertainty from Chinese GDP growth, Greek elections, ECB QE talks, Volatility returning on Equities markets. I expect another retreat on Gold post Chinese New Year when I believe the ...
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