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Posts by "speculator"

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804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
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speculator
Posted Anonymously
15 years ago
Jun 5, 2009 19:08
In Thread: Yield Shoots, Dollar Leaves
looking at last 5 days equity index performance in uk and us (ftse 100 and spx), the uk seem to have closed lower. this could possibly have put some short term pesimism over the pound coupled with political factors. could politics have been the main mover of sterling this week? perhaps not.
speculator
Posted Anonymously
15 years ago
Jun 5, 2009 9:27
In Thread: GBP Trade Index 18-Year Chart
ashraf hope so in my case. I need a price below 1.46 for cable this year. The sterling rally took me by surprise as i got my targets to be too ambitious towards 1.40. However not sure it will be that easy to break below 1.60 even tho there is not much in it. Stocks have been advancing otherwise would be easy to break below. Do you see 1.40 this year? although dollar may be bearish uk may have -ve shocks
speculator
Posted Anonymously
15 years ago
Jun 5, 2009 8:09
In Thread: GBP Trade Index 18-Year Chart
also may i add i feel it will take more than a day or so do break below 1.60 as such a key level.
speculator
Posted Anonymously
15 years ago
Jun 5, 2009 8:08
In Thread: GBP Trade Index 18-Year Chart
seems like broad sterling weakness is settling in rather than dollar strength. investors are getting scared about political uncertainties in the uk. could this be a temporary weakness? my opinion is we may go sideways for a bit from here subject to equity/political moves.
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 23:22
In Thread: GBP Trade Index 18-Year Chart
the pound has high chance of collapsing should it fall below 1.60 within next few days.
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 16:36
In Thread: Yield Shoots, Dollar Leaves
ashraf, seen.
still bearish on global stocks or any particular markets?
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 15:19
In Thread: Yield Shoots, Dollar Leaves
fair enough but how does the most trader pair measure broad dollar strength? its only a relative price between the two most used currencies and excludes emerging market influences etc. would usdx be a fairer gauge?
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 14:44
In Thread: Yield Shoots, Dollar Leaves
briefly explain why eur/usd is a better measurement for the dollar than USD index.
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 14:10
In Thread: Yield Shoots, Dollar Leaves
ashraf,
the downtrend is based on an assumption of near term growth. i must say i only concerntrate on gbp/usd so when i talk about dollar strength i mean with gbp.
speculator
Posted Anonymously
15 years ago
Jun 4, 2009 13:15
In Thread: Yield Shoots, Dollar Leaves
the problem is that price movements largely reflect surprises (news) that cant always be predicted. So in my option it is very difficult to accurately time longer trends. i think the dollar will be a bad bet after economies grow nicely not before. the current dollar bearishness (short term) is overdone and corrections will belarge this month to the dollar's benefit.
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