Posts by "jamshed"

Hi Ashraf,

dont agree here.
10 year yield is increasing since more US debt is coming online along with 900 b stimulus. Bad bank idea is still in the picture. all this is showing up in the 10 year yield and if it stays like this, within this month fed will start buying the 30 year bonds and try to decrease the mortgage rates.
all this is negative for the dollar within 3-6 weeks. EURUSD will rally towards 1.45.
the US is tinkering with fiscal policy, monetary policy, pseudo nationalization and printing money is the best bet for the US Fed.

there is a lot of bickering in the eu about the strength of the euro hurting spain, italy, ireland, greece - but infact euro is giving them serious stability. imagine what would have happened to the italien lira if it had been around. iceland, hungary, rumania etc are looking at a faster entry into the euro to acheive this stability.
inshort, the stability of the eurozone is a long term positive for the euro.

I am a quite surprised at the reluctance of the Japenese to intervene in the Fx markets to devalue the Yen. Its clear that this is the only way to compete globally. How else can the Japanease trigger growth? Any thoughts on this??

Btw... I ordered your book and will come back with more questions :-)

I am in Munich - any CMC seminar planned in the frankfurt area?
br,
jamshed