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804 Posts Total by "speculator":
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SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
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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.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 18, 2009 18:11
In Thread: How low will GBPUSD go in May?
1.48
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 16, 2009 17:12
In Thread: Oil to Underperform Metals
Ashraf,

I read something about ONS figures overstating UK high st sales over the last couple of years. This is clearly a negative for sterling.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 15, 2009 18:52
In Thread: Oil to Underperform Metals
ashraf i liked the bloomberg video today,

the dollar has not benefited too greatly lately against sterling as you predected.

do u agree with some currency strategists that cable could fall below 1.35 if we fall in to a deep bear market with new lows assumung no signs of worsening economic data. Not sure if that could be a possible set of assumptions.....
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 9, 2009 20:28
In Thread: Gauging the Turn in Dollar, Gold & Oil
Yes the yield curve is shifting the the left for 2/3+ UK and US bonds which would imply higher expectations of future inflation. This could also start to temp capital flows into government bonds that could reverse recent gains in the equity markes.

I see the recent rally in gold as a good indicator to immediate term equity trends ie downards correction.

I think gold will certainly trend higher from where we stand and break $1000 this summer.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 9, 2009 19:18
In Thread: Golden Chance from FX-Equity Play
guys i am a financial advisor but a realstic one with solid economics/finance background and yes most financial advisors have little clue about financial markets. Financial advisors tend to ignore market timing as we only look at 5 years plus and just match the clients risk to a suitable solution.

im currently long usd at 1.46 and decided not to sell at 1.42 back in april as i thought things could only get worse in equities. fortunately i dont use derivatives or trading platforms.

i guess its a matter of patience and this pathetic confused equity market is bound to sober up soon.

even if equities go sideways for a while cable should fall marginally.
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