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by Ashraf Laidi
Posted: Jan 26, 2009 18:43
Comments: 30
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This thread was started in response to the Article:

How Gold Links Treasuries & the Dollar

Tracking treasury yields can be helpful in dissecting the USD-GOLD relationship.
 
Rob
New York, United States
Posted Anonymously
16 years ago
Jan 28, 2009 14:54
Additionally, what factors do you see contributing to EUR/USD reaching 1.40 before we see new lows? A time-frame for that level would be appreciated as well. Thanks Ashraf
Rob
New York, United States
Posted Anonymously
16 years ago
Jan 28, 2009 14:29
Hi Ashraf,

In your last IMT, you say "an unlikely announcement by the Fed to purchase long term treasuries" -
Do you believe they will not buy treasuries? Do you believe they will not announce it?
Should we expect EUR/USD to rise - or do you see the USD strengthening across the board from the Fed not announcing anything related to treasuries today?

Thanks
Ashraf Laidi
London, UK
Posts: 0
16 years ago
Jan 28, 2009 9:15
STEVE, we could see $1.40 before any new lows in EURUSD.

MARTIN, USDCAD may hit 1.19 today and gold could hit $820 after the FED.

JOHN, unfortunately, you will need some proof of address outisde the US to open an account with CMC's offices in Canada, UK, HK etcc. While I cannot provide those daily analysis in my website to non CMC clients, I try to convey my outlook on the site. I hope you can understand. I will be in New York for the Traders Expo on Feb 21-23 for to do book signing as well as several presentations. Id be happy to talk to you more at the venue.

Ashraf


John
Utah, United States
Posted Anonymously
16 years ago
Jan 28, 2009 8:16
Ashraf,
I am one of your loyal readers. Do you provide more detailed information for CMC clients on a daily basis. I would like to read your daily analysis on the major pairs. If that is the case, I'd like to open an account with CMC market, but it seems like CMC does not have a branch in USA.
Martin
Poland
Posted Anonymously
16 years ago
Jan 28, 2009 0:07
Hi, Ashraf

What your prediction for CAD/USD?? If gold still will growing the CAD too??

Thanks
Steve
New York, United States
Posted Anonymously
16 years ago
Jan 27, 2009 19:18
Ashraf,

Can EUR/USD goes up to 1.41+ area before it goes down to test new low? Tks.
Ashraf Laidi
London, UK
Posts: 0
16 years ago
Jan 27, 2009 11:11
Waqar, Cable resistance starts $1.43, but more votal obstacle stands at $1.4450--TL resistance from the Jan 5 high. BEAR IN MIND that FX moves do not always have to develop on fundamental news. technical trading is rife in FX and bottom pickers are here to make money leaving us to start making sense of every move.
Waqar
Lahore, Pakistan
Posted Anonymously
16 years ago
Jan 26, 2009 22:46
Hi Ashraf

you mention the 1.4070 level for the current bounce in GPBUSD.How likely do you think it is that it breaks this level and challenges the former neckline around 1.4250.Do you see the fundamental case for sterling to make gains against the yen and the dollar.
Great call as always on gold and the 900 level.


Regards

Waqar
Ashraf Laidi
London, UK
Posts: 0
16 years ago
Jan 26, 2009 19:38
Hi Frank, $1,000 is very well within reach, especially that last week it rose by $70 /oz. Only $920 and $970 stand in the way. 30% chance we could see $1,000 this week.

Ashraf
Frank
Vancouver, Canada
Posted Anonymously
16 years ago
Jan 26, 2009 19:09
Ashraf

Can gold hit 1,000 on this rally ? Where is gold at the end of 2009 ?

Thanks

Frank