Ashraf what your thoughts on EURGBP heading toward parity? Do you reckon continued sell-off in USD would benefit EURUSD relatively more than GBPUSD, as EUR remains the anti-dollar?
Hi Ashraf, you might be interested in this, although I'm aware not one of the major pairings. The USDZAR has been tracking the USDCAD exceptionally closely over last couple weeks, highly correlated with S&P500 and even brent crude. I'm not too sure what to make of it as ZAR and CAD have totally different fundamentals, except to say major rally in risk currencies.
What are your thoughts on the AUDZAR over the coming two months (until end of bear rally like you postulate will be June-July), it seems the ZAR has benefited more from the increased risk appetite than has the AUD.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
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Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
Regards, Chris
Any thoughts?
What are your thoughts on the AUDZAR over the coming two months (until end of bear rally like you postulate will be June-July), it seems the ZAR has benefited more from the increased risk appetite than has the AUD.
Thanks for great book and site. Chris