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by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
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This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
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UK
Posted Anonymously
15 years ago
Jan 11, 2010 22:04
apologies - i meant to ask, how far do you think a correction could go if stocks were unable to maintain their recent highs?
sub
UK
Posted Anonymously
15 years ago
Jan 11, 2010 22:03
ashraf,
if earnings will be hard to beat, do you expect S&P to come off its recent highs?
we have long been due a correction but it doesnt seem to come. could this be the trigger?
appreciate your thoughts
chloethebull
Posted Anonymously
15 years ago
Jan 11, 2010 21:26
srry i meant to say they missed by a nickle... expectation was for .06 act..01..
chloethebull
Posted Anonymously
15 years ago
Jan 11, 2010 21:25
alcoa misses on the bottom end by .05 but beats on the top end 5.4bil compared to 4.8...dereck webb sayn markets gonna like this...ashraf what do u think this will do for usd risk appitite..thanks
speculator
Posted Anonymously
15 years ago
Jan 11, 2010 21:16
ashraf absolutely agreed.
chloethebull
Posted Anonymously
15 years ago
Jan 11, 2010 21:14
i kinda agree with you ashraf,due to the fact that usd has soften an usd could stand to firm up ..an weak earning could help keep usd strength but limited..us gover plan to keep the dollar weak continues..but they must keep things in line so not to ruin there recovery but aso not to under mind other countries recovery..hence boc comments today to stop the cad strength..gl an thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 11, 2010 20:57
Guys, earnings season will start soon and companies will NO LONGER be comparing their earnings to the worst of times so will be hard to beat and hard to suatin stocks at recent highs, hence USD support.

Ashraf
Wasup
dublin, Ireland
Posts: 54
15 years ago
Jan 11, 2010 20:55
Pipped Off ,Iam still bearish on GBP/USD and Eur/usd,GBP/USD should go down to the levels of 1.58 and I shorted EUr/Usd at 1.4990 and i am pretty sure it has to go down to 1.43 level.
Its only a matter of time.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 11, 2010 20:12
nice save on the gbp. Now that they put a quick 12 pips on it to get it back above 1.61, all the while able to keep eur/usd from falling, it is now set up to grind higher into US Stock market close, which is a given will also be ground higher into the close.

Can you believe the NASDAQ is actually negative today?
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 11, 2010 19:59
gbp taking it on the chin here, sub 1.61, as eur is continued to be supported above 1.45 through bidding up of eur/gbp crfoss.

Gold attempting to breal sputh of 1150 again, which would put pressure on aud below 0.93.
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