Home > Forex channel >                 text

Fanon: The improvement of risk sentiment will not inhibit the price of gold

January 11, 2019 20:15
source: Gold headline

Oriental Fortune APP

  • Convenient
  • Mobile phone viewing financial news
  • Professional, rich
  • Master the pulse of the market

Read articles on your phone

  • prompt:
  • WeChat sweep
  • Share it to you
  • Circle of friends

K map gc00y_0

Currently our risk index is 1.17 (previous week was 1.66) and we entered the lower risk area. The improvement of risk appetite is mainly reflected in the decline of volatility in the cross market. Historically, the current risk index (1.17) is still attractive for buying risky assets.

As the two countries reached a new round of trade agreements, the Fed’scurrencyPolicy expectations are also affected at the same time. If the momentum of growth in Europe rebounds, there will be room for market sentiment to continue to improve, and the risk index will hit new lows.

In this case, we expect risk-sensitive currencies (such as the Norwegian Krone and the Swedish Krona) to regain support. Shorting the EUR/Swedish Krona is our trading advice. On the other hand, we expect gold to remain in demand, regardless of improved mood. Faced in the dollarinterest rateDuring the downturn, gold is unlikely to face rising selling sentiment.

Figure 1: The Farmers Risk Index

Figure 2: Sensitivity of each currency in two years.

Figure 3: Current currenciesinterest rateLevel

Figure 4: Gold and French Farmers Risk Index

(Article source: Gold headline)

                (Editor: DF134)

you might be interested
  • News
  • stock
  • global
  • Hong Kong stocks
  • US stocks
  • futures
  • Foreign exchange
  • life
    click to see more
    No more recommendations
    • Code
    • name
    • Latest price
    • Quote change
    Please download Oriental Fortune products to see real-time quotes and more data.
    Solemnly declare:Oriental Fortune.com publishes this information to disseminate more information and has nothing to do with the position of this website. Oriental Fortune.com does not guarantee the accuracy, authenticity, completeness, validity, timeliness, originality, etc. of all or part of this information (including but not limited to text, data and graphics). The relevant information has not been confirmed by this website, and does not constitute any investment advice for you. According to this operation, the risk is at your own risk.
    couponcode3.xyz