Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Aug 21, 2008 0:31
Comments: 15
View Analytic
This thread was started in response to the Analytic:

Global Interest Rates

Interest rates are the single most important fundamental driver in Forex and the direction of monetary policy is essential in shaping developments in currencies. This direction is determined by the vast array of economic reports, central bank rhetoric and movements in equity and bond markets.
 
Ashraf Laidi
London, UK
Posts: 0
10 years ago
Feb 2, 2010 1:04
chloe, the RBA has no logical impact on USDCAD. People can speculate and invent some intermarket explanations on how an RBA hike affects CAD but there are far too many dynamics involved. It very much depends what Asian equities are doing. If theyre say, rallying by at least 0.7& or 0.8%, the hike may help AUD and other comms currencies, therefore weighing on USDCAD

Do not try to look too far for clues on your existing position. I am optimistic that USDCAD will eventually break above 1.0740 this week.

Ashraf
chloethebull
Posted Anonymously
10 years ago
Feb 1, 2010 20:19
hi ashraf or any1,if rba raises rates will usdcad sell off beyond 1.0605?i see ur calling 1.0605 as support will it stiill hold if rba raises rates?thanks
asad
London, UK
Posted Anonymously
10 years ago
Jan 21, 2010 21:38
Ashraf,

My heartiest wishes & congrats for successfully completing one year on this Forum. (I wanted to send you a card at CMC...but unfortunately, I had been away).

And what can I say that hasn't been said before you & this Forum...so I'll just say a simple 'thanks' (& the rest, ofcourse, you know...in what sight I hold you).

God Bless & keep the good work going... :)


Asad
PippedOff
Canada
Posted Anonymously
10 years ago
Jan 21, 2010 17:49
chloe-for now i am out of all long usd positions.
chloethebull
Posted Anonymously
10 years ago
Jan 21, 2010 17:44
hey pippedoff,the usdcad is holding strong do you see obamas restrictions hurtn my beloved usdcad..its tryn to hold 1.0490...thanks for your input..gl
PippedOff
Canada
Posted Anonymously
10 years ago
Jan 21, 2010 17:04
chlode-just look at usd/jpy for the effects.

90.22 and sinking fast
chloethebull
Posted Anonymously
10 years ago
Jan 21, 2010 16:57
hi ashraf,is it possible for you to comment on latest obama decision..effects on usd..thanks
alec
Sofia, Bulgaria
Posts: 5
10 years ago
Jan 21, 2010 16:30
Ashraf, what should to expect from Dow J? Should it go back to 10,630 by the end of this week..

thanks,
Alec
amg
Oklahoma, United States
Posts: 38
10 years ago
Jan 21, 2010 16:26
Ashraf,

USD/CHF is showing quite strenght but do you think it will be able to break the 1.05 level? or do you think it would be a good idea to short at this level?

Thanks for all the work you put to help us, it is greatly appreciated!


AMG
Ashraf Laidi
London, UK
Posts: 0
10 years ago
Jan 21, 2010 16:16
Jade, no time for books now when i have a website that i update 5x a day and twitter that i update 40x day and a day job...and the forum questions


Ashraf