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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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This thread was started in response to the Article:

Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
rmsuleman
Dallas, United States
Posts: 2
15 years ago
Dec 22, 2009 9:45
There was a story on bloomberg about 80 for a $. What are your thoughts on that Ashraf?
Raheem
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 22, 2009 1:44
Dan, 1.41.

Ashraf
Dan
New York, United States
Posted Anonymously
15 years ago
Dec 21, 2009 23:53
Ok, Ashraf, what's your end of 2010 forecast for EUR/USD then? Thanks.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 21, 2009 0:46
Dan, emphasis on the USD structural and cyclical concerns shift around. just like risk appetite dominated for over a year, now yield differentials seem to resurface. Or is it really the case? the structural concerns are still here. it is just that the Eurozone problems may be shifting from cyclic to struct. Paradigms in FX shift around and market watchers must be keep their eye on the ball.

Ashraf
speculator
Posted Anonymously
15 years ago
Dec 19, 2009 16:39
dan, i am in no camp. I use a bit of everything to make predictions. But ashraf is the expert not me.
Dan
New York, United States
Posted Anonymously
15 years ago
Dec 19, 2009 14:09
Ashraf, analysts seem to be divided between those who view dollar decline as a structural affair vs others who consider it to be a merely cyclical decline. Seems you are in the strcutural camp. Is that right? Thanks.
speculator
Posted Anonymously
15 years ago
Dec 18, 2009 10:10
my forecast albeit it did go beyong the level but i was looking at a year end.


June 21, 2009 16:22 ET In Thread: Where will EURUSD close by end of June? (Poll)
it is in the interest of the world for a strong dollar to help both exporters and longer term interest rates down. I can't see the dollar going down against the euro beyond 1.45 as too many issues with europe. Although speculators net long of euro.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 18, 2009 8:05
Dan, yes, i mentioned earlier in the forum that i changed my 1.55 target onto $1.44 for year end. We could go as low as $1.41 before that though.

Ashraf
Dan
New York, United States
Posted Anonymously
15 years ago
Dec 18, 2009 0:03
Ashraf, did you update your eoy EUR/USD 1.57 forecast as well? Thanks.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 17, 2009 17:05
John, i just raised my USDJOY target to 9.70 and 91.25 while issuing negative stance on GBPUSD, which leads me to expect GBPJPY to remain capped at 148.

Ashraf