Ashraf, no offence. Everyone here respects your work and what you are doing. But it will be better for your image if you are more humble. Let your work speak for you. It is not necessary to continously emphasize your calls. Best of luck for you and have a nice vacation. Thanks.
Ashraf via twitter: ... Euro must eventually drop below 1.30 regardless of catalyst #forex
Hah. Mr. Laidi is getting more arrogant and desperate in emphasizing his call by the minute. I expect next thing is he ORDERS the market to go to 1.27 EURUSD just because he says EURUSD MUST be down there regardless of catalyst :)
catnip: "If US debt is downgraded USD will rise." wrong assumption again. You think USD will rise because yields will rise? No, no. Yields will rise and are rising for a reason. Sooner than later market players will realize USA is just as broke as some of the PIGS. And then watch out below...
Of note is that the EUR (despite its gains vs dollar) is struggling to regain its footing vs CHF which I think is because of lingering unknowns re Ezone debt problems in the following days. So to say it is not that the EUR is strong but it is the USD that is weak. But anyway currency markets is all about relative strength. So pay attention.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
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)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
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)
Best of luck for you and have a nice vacation.
Thanks.
Hah. Mr. Laidi is getting more arrogant and desperate in emphasizing his call by the minute. I expect next thing is he ORDERS the market to go to 1.27 EURUSD just because he says EURUSD MUST be down there regardless of catalyst :)
wrong assumption again. You think USD will rise because yields will rise? No, no. Yields will rise and are rising for a reason. Sooner than later market players will realize USA is just as broke as some of the PIGS. And then watch out below...
America surrenders to China http://www.economist.com/blogs/theworldin2011/2010/12/china_overtakes_america_first_all_manufacturing_0?fsrc=scn%2Ffb%2Fwl%2Fbl%2Fsurrender&ref=nf
Hahaha. I like that.
Dave, here is something about this:
A Secretive Banking Elite Rules Trading in Derivatives http://www.nytimes.com/2010/12/12/business/12advantage.html?_r=1&src=me&ref=business