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SPECULATOR
(LONDON, United Kingdom)
5 Posts by Anonymous "speculator ":
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SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 11, 2009 18:08
In Thread: How low will GBPUSD go in May?
If equities keep closing lower, the Yen is likely to be the initial beneficiary of strength followed by the dollar. The yen is looking rather expensive and it will come to a point where traders will not be prepared to go long Yen as upside would look less probable.

SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 11, 2009 14:18
In Thread: USDJPY 4-week Cycles
yes usdjpy will certainly fall further in the shorty term as it is currently a highly fashionable risk aversion trade.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:54
In Thread: Speculators' Futures FX Positions
ashraf, i can see but the cable net shorts are still intact unlike euro/dollar that has changed recently
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:07
In Thread: How low will GBPUSD go in May?
ashraf, 1.75 is very very cable bullish compared to your very recent limitations for the a cable rally.

looking at your futures graphs there seems to be good insight as for coming trends based on net positions.

thanks
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 21:41
In Thread: Speculators' Futures FX Positions
ashraf,

thanks for your interesting chart.

have you got the latest for cable as i would like to see the position as of last week if possible.

thanks
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 21:11
In Thread: Dollar Slashed as Fed Goes Shopping
cable is rather hard to speculate against right now. if we do breach pyschological 1.60 level then perhaps not. but i do see declines back towards 1.50 this summer.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 23, 2009 17:26
In Thread: Dollar Slashed as Fed Goes Shopping
the dollar will greatly appreciate against the pound this summer
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 20, 2009 19:12
In Thread: How low will GBPUSD go in May?
ashraf do you still remain bearish on cable over the next few months?
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 19, 2009 10:34
In Thread: Oil to Underperform Metals
H2 will be a different story i think but certainly more room for cable to rise as well as global stocks. cable could overshoot PPP exchange rate 1.56 big mac index very soon and then take corrective movement down.

now that stocks are looking expensive to current earnings we are bound to get downards pressure in the near future but when nobody knows as there is too much investor herding right now.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 19, 2009 10:31
In Thread: How low will GBPUSD go in May?
it was inevitable that we would break $1.5380/. I can easy see $1.56/ this week. And moves are strongly linked to investors confidence in the stock markets. I think economic data is not being priced in as much as equity flows for CABLE.

The investment banks are doing a very good job in propping up risk currencies by sending speculative client notes about how cheap the pound is and british real real estate in non-uk currency terms etc.

at the end of the day, the investment banks have a huge impact on capital and forex markets. i think spx target of 1000 (i believe is year end target for a few investment banks) will be hit sometime soon and correction would only then take place.
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