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
 
bojan
Arizona, United States
Posts: 111
15 years ago
Oct 1, 2009 11:01
anybody knows why is GBP gaining against EUR,USD,JPY,CAD..... ?
Achilles heel
, United States
Posted Anonymously
15 years ago
Oct 1, 2009 0:21
Hi Ashraf,

Thanks very much for your response. I hope this is not too dumb of a question, but how do you add percentages in this context?

Thanks again for your time,
Ah
xtrader
United States
Posted Anonymously
15 years ago
Sep 30, 2009 19:06
Ashraf

Trying to get a handle on bond yields. on page 139, first full paragraph starting with Bonds are also...
you mention that rising expectations of inflation or an actual increase in inflation outstrips the fixed income of bonds coupon payments, thereby reducing the value of the bonds and boosting the yield to maturity. How does this happen? do Bond traders sell bonds making yields rise?? I am not understanding how bond traders manipulate yields?

Second instance;

Page 141, paragraph starting with Sometimes, however, yield curves...
you mention, "at this stage, traders of 10- and 30-year treasury securities are certain the economy has reached bottom and begin to project higher inflation and interest rates in the distant future, THEREBY RAISING LONG-TERM YIELDS. (not yelling) How are they raising long term yields?
CHLOETHEBULL
Posted Anonymously
15 years ago
Sep 30, 2009 18:21
hi ashraf...yes strange indeed...could i get your opinion on were u see usdcad possibly going.. im thinkn on adding to my usd position for a possible bounce back...do u fore see more downward pressure on usd?also can i get you veiws on gold..i see its up 14bucks..thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 30, 2009 16:29
Chloe, strange action. i mentioned possiblty of end of quarter rebalancing earlier. Also could be jitters ahead 6 powers' Thursday talks w/ Iran which is officials called "beginning of difcult process".

raft, thanks

Ashraf
raft9
Canada
Posted Anonymously
15 years ago
Sep 30, 2009 15:48
Excellent information on your website, keep up the great work. I look forward to reading your book.
Thanks for all your hard work and dedication.
CHLOETHEBULL
Posted Anonymously
15 years ago
Sep 30, 2009 15:39
hey ashraf ...just wondering how we get a bearish inventory report on crude but yet crude turns positive an usd falls under 1.0745..from 1.0800..thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 30, 2009 9:09
TB, not sure what you mean but Aussie did gain later on robust retail sales yet markets are reluctant to extend oush above 0.8830s ahead of the bulk of US data this week. EUR has been dragged by jawboning as mentioned in my IMTs

Achilles, bilateral FX, was simply determined by the percentage increase in one currency vs. another for that year. Then, i added those individual returns for each currency. As for gold aggregate annual returns, i took golds annual percentage change against each currency then added it together.

Ashraf
Achilles heel
United States
Posts: 1
15 years ago
Sep 30, 2009 1:50
Sorry in advance for my ignorance, I just purchased the book and I have a couple of questions about some of the terminology. In chapter 1 the notion of Golds aggregate annual return vs currencies is not clear to me and in chapter 3 the term Bilateral Currency Returns is also not clear to me. Could someone explai/define these terms to me in relation to how they are used in the book?

Thanks very much for your time,
Ah
TB
Gold Coast, Australia
Posts: 7
15 years ago
Sep 29, 2009 23:34
Ashraf
Could you please give your opinion on why the Aussie is not doing the "usual" thing and be tracking the EURO? Is it due to ECB jaw boning? and that they are doing as others in trying to lift the dollar, or do you see other fundamentals causing this. I have not seen a change like this in these currencies for long time.