Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

AIM Investor Journal

Joined: 18/06/16


Comments by AIM Investor Journal
Dollar Index Futures Apr 08, 2021 8:39AM ET
 I've never used USD in my life nor the vast majority of people on this planet. Holding assets priced in USD is not the same as use of currency at point of exchange. Assets can be valued in a whole myriad of ways, including digital currencies. I've never used USD in my life nor the vast majority of people on this planet. Holding assets priced in USD is not the same as use of currency at point of exchange. Assets can be valued in a whole myriad of ways, including digital currencies.
Dollar Index Futures Apr 08, 2021 8:34AM ET
The XDR (SDR's) rises when the U.S. dollar is weak or when countries are wary of taking on more foreign exchange reserve assets denominated in U.S. dollars. This has happened a number of times in the past 40 years, in 1978, again in 2007, 2008, 2009 and in 2011.
Dollar Index Futures Apr 08, 2021 8:19AM ET
Economic theory suggests those currencies that are ‘liquid’ have low transaction costs and are therefore more likely to be chosen as a preferred (and efficient) means for exchanging goods. Invoicing currencies have the potential to impact on a country’s trade balance as a result of exchange rate movements. In the new era of modern tech, cryptocurrencies, SDRs, digital wallets and app-to-app transfer traditional fiat currencies are gradually losing their reserve status
Dollar Index Futures Apr 08, 2021 8:09AM ET
 That 60% figure is set to fall considerably and with it the USD's purchasing power as a result of current monetary policy. That 60% figure is set to fall considerably and with it the USD's purchasing power as a result of current monetary policy.
Gold Down as Investors Digest Fed Meeting Minutes Apr 08, 2021 7:59AM ET
"Gold was down BRIEFLY on Thursday morning in Asia AS INVESTORS TOOK PROFITS FROM THE RECENT SURGE HIGHER FROM A LOW OF $1678/oz..."
Dollar Index Futures Apr 07, 2021 11:03AM ET
Timeframe? Surely that won't be for another 6 months at least? I'm hoping to see a retest of 89 in the next couple of months
Dollar Index Futures Apr 07, 2021 11:00AM ET
Every single bounce sold into. Incredible run!
Gold Apr 07, 2021 7:55AM ET
Buy the dip, watch the USD weaken
Gold Apr 07, 2021 7:28AM ET
They have begun already, Spring Meetings: April 5th to 11th
Gold Apr 07, 2021 7:22AM ET
How much thought goes into this analysis, seriously? - " Gold was down ... as positive data bolstered hopes for a quick economic recovery from COVID-19." This kind of thinking does not explain why gold futures have risen over the past 6 sessions from a low of $1678 to a high yesterday of $1745 at the same time the USD index has fallen from a recent high of 93.37 to today's low of 92.25. Today's movements don't really amount to anything in the wider picture. Both gold and the USD are down today which one could try to link to fears of stronger than anticipated inflation (as measured by market participants). The idea being inflationary pressures as a result of a stronger economy weigh on the currency but that doesn't explain a pullback in the gold price. Gold has been a strong defence against inflation and especially at times when the dollar weakens so today's retreat below $1740 should be bought into.
Gold Down as Hopes for Global COVID-19 Economic Recovery Rise Apr 07, 2021 7:20AM ET
How much thought goes into this analysis, seriously? - " Gold was down ... as positive data bolstered hopes for a quick economic recovery from COVID-19." This kind of thinking does not explain why gold futures have risen over the past 6 sessions from a low of $1678 to a high yesterday of $1745 at the same time the USD index has fallen from a recent high of 93.37 to today's low of 92.25. Today's movements don't really amount to anything in the wider picture. Both gold and the USD are down today which one could try to link to fears of stronger than anticipated inflation (as measured by market participants). The idea being inflationary pressures as a result of a stronger economy weigh on the currency but that doesn't explain a pullback in the gold price. Gold has been a strong defence against inflation and especially at times when the dollar weakens so today's retreat below $1740 should be bought into.
Dollar Index Futures Apr 07, 2021 6:18AM ET
 hoho... no. hoho... no.
Dollar Index Futures Apr 06, 2021 6:08PM ET
Those are some big red candles the past two days. Not too often you see the USD take a pummelling like that so expecting the pace of this descent too level off a bit over the next few sessions. Bearish over the next few months, happy to sit out tomorrow
Dollar Index Futures Apr 06, 2021 2:27PM ET
It's taken a tumble off the cliff edge
Dollar Index Futures Apr 06, 2021 11:41AM ET
A long way down, still to go here. 91.8 by end of the week.
Dollar Index Futures Apr 06, 2021 10:22AM ET
If major heads of corporations are moving away from holding or dealing with traditional dollar backed loans and investments in favour of crypto and ETF funds (Elon Musk, Tobi Lutke, Jack Dorsey, Michael Sonnenshein) best to take note. Commodities, rare and precious alike, all stand to benefit. Rhodium and palladium moving up nicely today along with silver. Cobalt, lithium and vanadium all look hot (green space / eco economy) in the decade ahead.
Dollar Index Futures Apr 06, 2021 9:55AM ET
Well overdue correction.
Dollar Index Futures Apr 05, 2021 3:16PM ET
*allegedly
Dollar Index Futures Apr 05, 2021 1:34PM ET
 Today specifically there was worse news out of India, the world’s third-largest oil importer, data showing demand is down and forecast to fall further due to Covid restrictions. India reported its highest number of new daily coronavirus cases since the pandemic began and reinstated lockdowns in some areas, including in its biggest city, Mumbai. Today specifically there was worse news out of India, the world’s third-largest oil importer, data showing demand is down and forecast to fall further due to Covid restrictions. India reported its highest number of new daily coronavirus cases since the pandemic began and reinstated lockdowns in some areas, including in its biggest city, Mumbai.
Dollar Index Futures Apr 05, 2021 1:31PM ET
 Oil is moving independently of currency movements today due to tangible supply / demand concerns. Last week’s OPEC+ decision to ease the production cuts (raise supply) by more than 1 million bpd over the next three months was a surprise to markets. Markets got ahead of themselves last week betting higher prices despite the worsening Covid situation in Europe and much of the developing world. Oil is moving independently of currency movements today due to tangible supply / demand concerns. Last week’s OPEC+ decision to ease the production cuts (raise supply) by more than 1 million bpd over the next three months was a surprise to markets. Markets got ahead of themselves last week betting higher prices despite the worsening Covid situation in Europe and much of the developing world.
Dollar Index Futures Apr 05, 2021 1:09PM ET
Never play pass the parcel with a knife, especially with your head in the sand
Dollar Index Futures Apr 05, 2021 1:08PM ET
Here.. catch!
Dollar Index Futures Apr 05, 2021 11:27AM ET
Very high chance of Goldman increasing their internal shorts of the DXY after coming out today encouraging clients to close theirs. Squeeze in progress and the big funds are reaping the rewards
Dollar Index Futures Apr 05, 2021 11:23AM ET
dead cat bounce
Dollar Index Futures Apr 05, 2021 10:38AM ET
Goldman announce they have closed their dollar short bet and are recommending that to clients, on the very same day the USD Index falls 0.5% after almost two weeks of dollar strength? Strange time to change tack.