Seven Kingdoms Group or jointly intervene in the exchange rate

At present, non -US currency is facing crisis, and it is necessary to prevent Europe on the Jedi counterattack. This is not necessarily a bad thing for gold prices, and it may bring a chance to rebound for the continuous pressure of gold.

The Federal Reserve is generally expected to raise interest rates at 75 basis points in September, and at the same time, it has pushed the expectations of interest rate hikes this year and next. Because the data of the US employment market is still tight, and the Fed Chairman Powell made it clear that even in the face of the pressure of the US economy, the Fed will continue to raise interest rates. By 2023. The market has lost its longing for interest rates next year, the US dollar index has been further supported, and gold prices are pressured.

Seven Kingdoms Group countries face different degrees of inflation and economic recession risks, stacked natural disasters, energy and grain crises, geopolitical risks. In addition to facing the risk of inflation out of control and economic recession, the new government tax reduction plan triggered the British crisis. Japan's cause The central bank maintains a loose monetary policy, and the yen has fallen freely. All of the above causes the continuous decline of non -US currency and drag the price of gold. The dilemma of the above countries has not seen the dawn, and the situation may further deteriorate. The United States cannot be alone if the country's system of risk has systemic risks and the global financial system is integrated.

In the past 24 years, Japan has entered the market for the first time, but it has limited effects because the operation has not been linked with other seven countries. However, it is not excluded that under the triggering crisis of the British tax reduction plan for the British, the Seven Kingdoms Group has more reasons and greater necessity to interfere with the non -US currency exchange rate to alleviate the pressure of depreciation, and at the same time, it will also suspend the ascension of the US dollar. If successful, it is expected to bring support for international gold prices.

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