Posts by "speculator"

gunjack nothing stopping oil reaching higher in short term.

but as i said, risk aversion may not be the key factor in moving currency markets. it will be about who is emerging from the recession and the central bank's credibility.

watch out for sterling weakness. Pound broken multi month low against euro casing it to also tank against dollar.

rpats yen has probably been strengthening due to risk aversion from chinese stocks since last month. since yen is an asian flight to safety rather than the dollar for the rest of the world.

now if china is retracing and then other markets start in us and europe, the the dollar will very much appreciate as risky trades in the stocks and commodities will unwind back to us dollar safety.

obviously this assume stock market pullbacks this autumn and using china as one of my early warning indicators

rpats im in to cable myself.

why do you think the yen is ralling so hard against the dollar?

oil is in a multi year bear market and will retest 2009 lows. also, do not forget the demand for oil is HIGHLY likely to fall in the longer term as alternative to petrol/diesel come about. electric/alternative fueled cars will lead the way and replace combustion engines just like mobile phones replaced street phones.

sorry i meant to say pound to retest 2009 lows against euro