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Posts by "speculator"

804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
speculator
Posted Anonymously
15 years ago
Jun 24, 2009 16:51
not so good for the pound today. the meeting did not potray a confident governer in his timing of exit strategies so he seems like it is here to stay along with low rates. he also hinted that it is a game of luck as to when is the right time to exit.
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 23:56
the stocks rally is way overdone and due a large correction. so i do see cad to weaken vs dollar. 1.08 was an abosolute winner. i would take some profits now!
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 23:24
thanks yes i meant 2002. after stocks started to go higher after dot com crash.
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 22:33
we are likely to see a lot of volatility in dollar pairs this year due to huge differences in bank 4casts this year.so expect to be shocked when funny things do happen. but yes risk aversion is benefiting dollar but less so with pound more with cad.

thanks
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 22:31
sorry i mean to say we are in a us dollar bull market bear and the bear started in early 2000 and ended last year. but i think many think this will continue forever and it wont as there is absolutely no replacement for dollar for a long while.
speculator
Posted Anonymously
15 years ago
Jun 22, 2009 22:28
ashraf,

i do respect your views highly.

but im affraid i think 1.75 is highly unlikely this year as i believe:

us government yield spreads against uk will increased attracting dollar flows
uk housing market data will worsen after a summer temporary jump
us is in better political shape than uk
uk/us stocks will fall at least 10% from here attracting flight to us dollar safety
we are in a dollar bear market rally. the bear market started early 2000
europe will underperform us economy
foreigners will not abandon us assets for a long time

however, i understand there is abnormally wide range of 4casts out there especially against eur/dollar but i think dollar will start to climb higher against euro and pound.

thanks
speculator
Posted Anonymously
15 years ago
Jun 21, 2009 21:26
the higher us government yields go the greater the dollar is bound to rebound. As this will attract flows to dollar fixed interest and cause a huge slow down in investment expenditures and drag down stocks all dollar positives.
speculator
Posted Anonymously
15 years ago
Jun 21, 2009 21:22
it is in the interest of the world for a strong dollar to help both exporters and longer term interest rates down. I can't see the dollar going down against the euro beyond 1.45 as too many issues with europe. Although speculators net long of euro. It doesnt mean much as much of that could be hedging currency exposures rather than pure speculation.
speculator
Posted Anonymously
15 years ago
Jun 21, 2009 0:28
http://www.reuters.com/article/usDollarRpt/idUSN1945979420090619

THE LINK above shows recent speculative positions with the dollar.

seems like euro is being less bullish this week

pound more bullish ( still net short)

yeh bearish

canadian bullish
speculator
Posted Anonymously
15 years ago
Jun 20, 2009 20:43
Can't be bearish on dollar as stocks will be down and dollar currently expensive with too much positivity built in markets at present. Markets will remain hot only during the summer