Forum > View Topic
by Ashraf Laidi
Posted: Jan 1, 2011 0:30
Comments: 1846
View
This thread was started in response to the :

Ashraf's Book: Currency Trading and Intermarket Analysis

Ashraf's Book: Currency Trading and Intermarket Analysis
 
1...9596979899100101102103104105106107108109...185
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 29, 2009 20:05
Chloe, how about assuming that this time we will have an inventory cut, or slower build. No use of predicting oil data (even the oil pros cannot do it). focus on the price and the ADP data released earlier. oil still looks bearish but dont dare taking a position before these prices unless you have a ample margin.

Ashraf
CHLOETHEBULL
Posted Anonymously
15 years ago
Sep 29, 2009 18:37
HEY ASHRAF IS THERE ANY CHATTER YOUR HEARING ABOUT IRAN?ALLSO ANY CHATTER ON INVENTORY # FOR TOMOR...BIG BUILD LAST WEEK MAYB ANOTHER BUILD TOMOR?THANKS
redstone
bristol, UK
Posted Anonymously
15 years ago
Sep 29, 2009 18:13
Ashraf how high could GBP/JPY drift do you think before starting down again / Many thanks
14raj
Kolkata, India
Posts: 210
15 years ago
Sep 29, 2009 17:26
Gunjack,
thanks for the info....really rare one...
Rajib.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 29, 2009 17:13
bojan, tough one. Oil could snap higher on any iran surprises and talk of a possible NFP surprise coudl also fuel eqties. Daily channel shows we could go towards 84.50 befor eheading lower. so be careful.

Pollux, did you get my book? chapter 7 of my book explains why the world's biggest provider of capital leads to lower interest rates and stronger currency. Japan also has plenty of offshore manufacturing allowing it to contain cost of rising yen.

Ashraf
bojan
Arizona, United States
Posts: 111
15 years ago
Sep 29, 2009 16:33
Ashraf,

with equities going lower, and oil moving higher, how would that reflect on CAD/JPY ? since both currencies are affected by dynamics of the two.

Thanks
pollux
France
Posts: 23
15 years ago
Sep 29, 2009 15:27
Ashraf, I think the situation is changing. Japan the largest exporter in the world has no interest in this strong yen, deflation, fiscal problems qe for 20 years and no result, world demand so so.... an old population, so little internal demand..... and still the strongest currency ... it escapes me!!!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 29, 2009 15:08
pollux, when markets fall, yen rises. US consumer confidence showed a surprising decline. as simple as that. BUT USDJPY is the EXCEPTION.

Ashraf
pollux
France
Posts: 23
15 years ago
Sep 29, 2009 15:06
Can someone explain why the yen is firm.....???
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 29, 2009 14:05
said, yes it is possible. Especially ahead of nonfarm payrolls. but im not putting my money on this one.


jack, i first saw that in university. priceless for that time.

Ashraf
Report Reply
1...9596979899100101102103104105106107108109...185