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by Ashraf Laidi
Posted: Apr 27, 2009 15:55
Comments: 42
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This thread was started in response to the Article:

Rising Yields Fight the Fed

Rising bond yields are further hampering the Fed's policy
 
Ashraf Laidi
London, UK
Posts: 0
11 years ago
May 7, 2009 21:25
Mikestiller, not sure about GS and JPM but it’s very possible. At least according to some “insiders” out there.

ECB is not doing quant easing. Even FED is technically doing ONLY CREDIT EASING. Once you start targeting quantity of money out there then its called QE. i.e. Japan back in 2002-4.

Rob, to hedge long cable would be to LONG USDCAD or SHORT NZDUSD or long EURGBP


Ashraf
Rob
New York, United States
Posts: 305
11 years ago
May 7, 2009 20:27
Hey Ashraf,

Any thoughts on those who are long GBP/USD other than going long EUR/GBP - it's seems to want to hold support at 1.5000 -
How do you feel about the PPI numbers for the UK? Do you think that will have any significant impact, or should we just keep our fingers crossed that stocks recover?
Thanks for your help!
mikestiller
New York, United States
Posts: 9
11 years ago
May 7, 2009 14:30
Also, do you think what ECB is doing can be considered QE? Trichet says "we are not embarking on quantitative easing." Just curious on your thoughts. Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
May 7, 2009 13:15
Do you supposed JPM and GS are stuck short gold and silver by overlending it. Buying calls to make up naked exposure? Thanks
Ashraf Laidi
London, UK
Posts: 0
11 years ago
May 6, 2009 18:37
Nick, no way to know how deep the initial pullback, but i still see a testing of the March low with 70% chance to fall below it. as for your stopsm, it depends on your reward/risk ratio and your intended limit. Your AUDUSD stop may be a too low.. how about at 0.7520. and cable stop coul dbe around 1.5200.

Ashraf
nick ellis
New York, United States
Posted Anonymously
11 years ago
May 6, 2009 16:40
Nice CNBCW interview this morning. I was able to catch most of it.

Based on your analysis you seem to think the market is starting to roll over here. My question to you is this. After the typical bear market rally of 30% or so, what was the average retracement subsequently?

Are we supposed to touch the bottoms again? Retrace to a certain fib?

Finally, I am looking at 4 pairs and wanted to know what you think?
GBP/USD: Short with a stop at 1.5140
AUD/CAD: Short with a stop at 88.34
CAD/JPY: Short with a stop at 85
AUD/USD: Short with a stop at 75


Thanks for you insight.
Rob
New York, United States
Posts: 305
11 years ago
May 6, 2009 15:51
Hey Ashraf,

Any thoughts on BoE and ECB interest rate decision would be greatly appreciated! Thanks
Ashraf Laidi
London, UK
Posts: 0
11 years ago
May 5, 2009 16:38
houram, 1.17 on USDCHF is very possible at the next downturn in stocks. Weekly chart shows trend line resistance at about 1.1750s

Ashraf
houram
Vancouver, Canada
Posts: 55
11 years ago
May 5, 2009 9:10
Hi Ashraf,
Do you think 1.17 could be a near term target for USDCHF?
Thanks
Houram
f
Brussels, Belgium
Posts: 25
11 years ago
May 4, 2009 19:23
incredible, it just can't manage to break the 1.50... maybe upcoming economic news will give it some final direction.... but it is pushing up consistently!