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Posts by "montmorency"

678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 13:32
To be fair to Tanvir, he doesn't seem to disagree with Ashraf's fundamentals, but that because of the nature of the FX market, fundamentals won't be obeyed. Perhaps a little like PippedOff's ongoing story about the "cartel".

FWIW, I've put my money where I think the fundamentals are for the time being.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 4:38
@Juke: Thanks.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 3:57
Only just spotted the interest rate decision(s) (US and Japan) on the calendar. If the US rate remains unchanged, is this going to send the USD into a nosedive?

In fact I see USD/JPY has already nosedived, presumably relating to the Japan decision (not updated on our calendar yet, but should be out now), or it may be something else.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 2:31
Hi Baptist! :-)

Well, I could certainly see it getting above 1.64 or so.

The pre-election rally is a little harder to figure for the moment, but not impossible I suppose.
Interesting times (aren't they all).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 2:15
@Pipped: -"We are currently in the front run stage. They will pump on release of the GDP report, release their own prewritten report from two weeks agao, and then dump immediately after."

So they will sell into a rising market, catching the smaller players buying following the "trend", then there will be no more buyers, and it will fall ... or something like that?

How high do you think it will go? (We could have a small side bet on this if you like :-) - my more serious worry is that it will spike to stupid levels before falling (IF it falls of course :-) ).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 26, 2010 0:55
So what are we saying here; that this is the pump before the dump?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 25, 2010 22:30
Also, do we think Governor King will be talking the pound up, down, or neutrally?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 25, 2010 22:26
@Ashraf: Do you expect the IFO report(s) to have much effect on EUR/USD?


What might the probability be that cable will spike much above 1.63 in the event of better than expected UK GDP?

Thanks.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 25, 2010 16:59
@Pipped: Here is some more anti-Goldman fuel, if you need it ...
http://www.thedailybeast.com/blogs-and-stories/2010-01-18/what-wall-street-really-fears/

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 24, 2010 3:03
"cras" is simply Latin for "tomorrow" - c.f. "pro-cras-stination - putting off till tomorrow what should be done today :-) (This is my favourite hobby, however).



@Pablo: How is life in Bolivia? South America's highest country?

Anyway, buena suerte!


Seriously, I could use a little analysis re: Cable.