USD unreasonable high and FED interest up in Sept may prompt sell off 

We believe FED may have bullet to up rates by 25 basis point.  But that’s going to be for long.  As if USD continue to up.  The country export will cause big problem.  Probably oil price and gold may return its upward trend.  Selling on news and we believe USD is definitely overvalue now.  We will sell USD and buy gold.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: