The Euro/ USD cross continues to break-down technically and there are talks that the central banks of emerging markets are now selling their Euro reserves. Increased macro-economic uncertainty and continued currency wars will also be a positive for gold. Momentum indicators also show gold bullion ...
Krpata says an end to QE has not yet been completely priced into the exchange rate, despite it being widely advertised. This is a big factor behind Krpata and the ING teams forecast for the Euro to reach 1.30 against the Dollar in 2018, which is bullish even by bullish standards. BMO ...
bmo每周金融文摘.pdf,Douglas Porter, CFA Chief Economist douglas.porter@ Our Thoughts Page 3 of 15 Focus — April 25, 2014 U.S. costs edged up 10%. Deconstructing that massive relative deterioration in competitiveness among its three factors reveals that
As at Sep. 30, 2013 Cash and other current receivables & payables Currency ($) Invest- ments ($) Forward currency contracts ($) As a Net % of currency net exposure assets ($) (%) Australian Dollar — Euro 7 Hong Kong Dollar — Israel Shekel — Japanese yen 26 New Zealand Dollar —...