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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Oct 20, 2010 10:34
Catnip, careful about easily changing your "beliefs".. especially when they are dojis & hammers that foretell +300 pip moves

Anyway, as the Double EURUSD chart argues, the move is in consolidation zone. But the importrant thing about the USDX dojis and EURUSD sub 1.40 break on Fri was technical confirmation of a fundamental occurce that took part yesterday.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Oct 20, 2010 10:22
Thanks guys. I had a 4.5 hr seminar in Barcelona yesterday until 11 pm w/ no break. forget siestas & dinners. It was supposed to be for 2 hrs. After 3 hrs, 80% of the 200 were still there.

And before that, +5 hr non-stop FX coverage on twitter, holding your hand through Goldman earnings & the PBOC as well as some aggressive calls in AUDUSD AUDJPY GBPUSD.. It's all in the Twitter stream.

No one does it like we do

Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Oct 20, 2010 8:27
Not only the FED but also PBOC is playing with fire. The Chinese govt cannot longer hide inflation
which doesn't yet touch 300 Million Chinese but chokes 1 bln Chinese.
In fact China did quantitative easing all the time . As it turns out now the peg to the USD was and still is their biggest mistake.
abundance
Singapore, Singapore
Posts: 27
14 years ago
Oct 20, 2010 2:10
Hi Ashraf, both the quality & quantity of ur views & comments are astonishing ! Well done !
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Oct 20, 2010 0:06
Good job you do Ashraf, very hard worker indeed.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Oct 19, 2010 22:32
China raising but not appreciating - i.e. keeping peg yuan to USD - will create more inflow of hot money due to yield difference ( USD carry trade) AND China must buy USD ( as long as they do not revalue) .
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Oct 19, 2010 21:44
chloe
possibly the problem ist the same as in Eurozone. Politics is clueless so the responsibility for economy is dumped onto the central bank. Now Geithner has just stated what came to mind from nowhere nope boyz we don't want the dollar to devaluate. So they thought hey could be
they have a plan, after all. Of course as long as US industries outsource workload to China and Mexico and so on, the unemployment will not improve. Thus the problem is not primarily Wall St. it is the outsourcing of industrial production. Of course there is a solution: small is beautiful.
said
mulhouse, France
Posts: 2822
14 years ago
Oct 19, 2010 21:08
ma foi
des fois
des crises de foix
j'en ai eu des fois

french catalan humor
chloethebull
Posted Anonymously
14 years ago
Oct 19, 2010 20:47
as much as i would like to think usd rally will continue..i can;t help but think us fed will come out with data or statements that will kick usd in da nuts..not quite sure there ready to let the $$ move up..time an time they always manage to lower there currancy..gl guys.ohh ya any1 looking to long the eru yet?im tempted but i think i need to show some paitients on this trade an wait for ashraf &forum to weigh in:)
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Oct 19, 2010 20:42
USDx 78.53 in weekly chart looks like a v shaped recovery.