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Posts by "ping"

2 Posts by member
ping
(Missouri, United States)
ping
Missouri, United States
Posts: 2
15 years ago
Jan 5, 2010 19:33
Ashraf,

Why do you see JPY stop at 90.20? If US 2-year yield continues to drop, Nikkei and emerging market start to nose dive, risk trades begin to unwind, shouldn't all these favor a strong Yen to the area of 88.50, for example? Yes, I know the debt ratio, possible rating downgrade, disfunctional government, etc. but still. What do you think? Thanks.
ping
Missouri, United States
Posts: 2
15 years ago
Sep 25, 2009 8:28
Hi Ashraf,

What's your one-month view on Aussie? Could it retrace to 0.80 at the end of October? CitiFX had a sell call on AUD/JPY about a month ago, I think, when AUD/JPY at 78. It projects 70 if oil goes to 60. Do you see that happen in Oct.? Also, if RBA does NOT raise interest rate or refer the possibility of doing that on Oct. 6th, which in my view is highly likely, how big a impact is that? Thanks!