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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 26, 2010 15:43
Loonie down on sharp declines in LUMBER as futures SELLOFF (rising supples) but $USDCAD still capped at 1.0070 #canada #commodities $$


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 26, 2010 6:04
China is supposed to announce additional stimulus packet. Not very clear why. Wasn't the stimulus package that rallied industry metals oil sufficient? Anyway I will not short industry metals the short trade on copper is closed with profit.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 24, 2010 14:37
FXT, USDCAD is still a good buy between 0.9970 and 1.003 for 50-70 pips profits but i wouldnt be a buyer above 1.02. Canadian fundamentals do not face any negatives..unless of course, a bad surprise awaits us in Can housing or if a double dip emerges in the US, which i do not rule out.

i still like to seel AUDCAD around 0.92-0.924 for 50-90 pips.


Ashraf
rim
Turkey
Posts: 121
14 years ago
Apr 24, 2010 9:30
Dear Spec,

Due to Greece financial problem , why dont we hear any bankruptcy of Greek banks ?

Why people donot withdraw their money from banks ? Since Gold by Euro is above 850 Eu / ons,

while fallig EU people can save their money buying gold by euro .
speculator
Posted Anonymously
14 years ago
Apr 24, 2010 9:05
its not all about greece, look at the data from USA it was good this week hence euro ended up still lower.
FXT
london, UK
Posts: 13
14 years ago
Apr 23, 2010 21:25
Hi Ashraf

Thanks for your update on USDCAD, most helpful and very accurate only a few pips shy of your 10070 level today.

Could i impress on you for a longer term view on the USDCAD. In your view do you feel we are nearing a major bottom? If not do you feel the 2008 lows can be revisited?

In short do you have a 3 month view on the pair?


Thank you!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 23, 2010 14:50
said last week that 1-week spikes in USDCAD are rarely isolated. Today's soft CPI and retail sales in Canada are more durable in boosting USDCAD towards 1.0070-80 but hard to see break above 1.014

Ashraf
chloethebull
Canada
Posted Anonymously
14 years ago
Apr 22, 2010 12:52
i think cad will do whatever the us gover tells them to do..cad is a great tool for us gov to aid in keeping usd cheap an risk appitite alive..gl today
chloethebull
Canada
Posted Anonymously
14 years ago
Apr 22, 2010 12:50
ashraf, any tweet coming out on cad data or us ..thanks gl today
juno1
UK
Posts: 52
14 years ago
Apr 21, 2010 22:52
Hi Ashraf and forum
Do you think the Bank of Canada will raise its interest rates soon and long before U.S does? Thus pushing USD/CAD further down.
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