Forum > View Topic (Article)
by Ashraf Laidi
Posted: Aug 6, 2009 17:22
Comments: 37
View Article
This thread was started in response to the Article:

Quantitative Easing & Currency Strengthening

Central Banks (ex Fed) have little choice but to maintain QE to avoid excessive tightening of transmission mechanism from their rising currencies.
 
 
1234
Rob
New York, United States
Posts: 305
15 years ago
Aug 11, 2009 20:45
Thanks Steven - I have been looking GBP/JPY specifically
Steven Blyth
London, UK
Posts: 148
15 years ago
Aug 11, 2009 20:26
Rob. For what its worth i'd be looking to short from here for a sub 164 target. Though i think shorting GBP:JPY may be even better as Yen is stronger.
Rob
New York, United States
Posts: 305
15 years ago
Aug 11, 2009 19:30
Hey Ashraf,

Excellent interview on Bloomberg. You had an excellent take on the Fed comments the last time they spoke, do you have any stance on tomorrow's Fed announcements? I've not been able to follow the markets these past few days, so I stayed out. I am with you on tops in equities and commodities. And bullish USD and JPY. I know you say GBP and CAD are the ones that will suffer the most - but I 'm not sure if it's "too late" for now, and whether or not I should wait for a correction upward in GBP and CAD, before opening new shorts. Thanks for your thoughts as always.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 10, 2009 1:02
victor, likely so. It's the GBP part that im worried about.

Ashraf
victormajewski
Michigan , United States
Posted Anonymously
15 years ago
Aug 9, 2009 13:19
The DJIand the GBP/JPY all stopped at .382 fibonacci resistance Friday. Doesn't this warrant caution?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Aug 6, 2009 21:03
aviat, ECB tries hard to excercise independence, especially as the Frankfurt-based cenbank flexes its independent muscle in Berlin's face. Only if the much anticipated EUrozone banking crisis blows up, then will ECB does something close to the BoE but so far it will stick with covered bonds and those 1-yr auctions.

Ashraf
aviat72
New York, United States
Posts: 12
15 years ago
Aug 6, 2009 17:53
Ashraf:

Do you expect the ECB also to follow the BOE (in some form), after the German elections are over and done with?
Report Reply
 
1234