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by Ashraf Laidi
Posted: Aug 24, 2009 15:09
Comments: 49
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This thread was started in response to the Hot-Chart:

NZD's Overshoot vs GBP?

 
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asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 2:23
Ashraf,

I meant CMC a/c... :)
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 2:23
Ashraf,

Even if you have a CM a/c, I believe you get instant, live updates. No?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 2, 2009 2:01
taha, if you dont have bloomberg or Reuters best to google the report and youll find the latest.

Ashraf
taha
Cairo, Egypt
Posts: 50
15 years ago
Sep 2, 2009 1:14
any site about chinese economic data
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 1, 2009 16:22
UK PMI drops for 1st time in 6 months & US ISM rises above 50 for 1st time since Jan last yr reason to see $GBPUSD 1.6050. Dow down 100 pts despite strong US ISM., 1 month ago, such news wouldve driven stocks iuo 200 pts.

Ashraf
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 18:40
ashraf 1.50 for cable is a doable target but it wont be that easy to get there. It will largely depend on eurogbp and i think if euro keeps rising against sterling so will the dollar.

investments funds have had to invest in risk due to high levels of retail fund inflows by bank clients and investment funds (since march lows) which helped boosted pound, euro etc due to international asset allocation. Once we hit the true equity highs for the year, these overbought currencies will revert back to fair value which is 1.50 for cable at the most.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 30, 2009 13:58
spec, how low do you expect GBPUSD to go? Im not sure we will see below $1.35 again. The break below the 50-day MA was a vocal development after the BoE's major decision to expand QE. We're getting broader technical signs of a "tired"equity market around the world. Byt looks like we'll see a choppy market for a few more years after a 15-20% decline in equities.

Ashraf
zerolife
damascus, Syria
Posts: 10
15 years ago
Aug 30, 2009 12:31
thank you
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 15:25
sterling's days are numbered. i can easily see near parity with euro this year. looking at the boe's minutes says it all. Mr king wants to devalue big time and will by way of fiat pumping and possibly zero or negative interest rates.

this will give a lifeline for Uk property market of course. HSBC is to launch new lower fixed rates from september which will continue to prop up house prices thank to mr king.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 29, 2009 14:36
zero, if you expect markets to continue showing fear, then shorting GBP vs USD and long GBP vs NZD would be a feasible combination. GBPUSD once again showed us on Friday that every bounce is UNsustainable.

Ashraf
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