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

USD

Discuss USD
 
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Qingyu
manchester, UK
Posts: 1763
13 years ago
Apr 21, 2011 13:20
i wish ashraf and our cat can give some view on china yield
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 21, 2011 13:00
yeah good thought Qingyu but I dunno. There are so many cross currents for DX. If Ashraf doesnt feel like expressing a fundamental opinion then I certainly don't :-)
Qingyu
manchester, UK
Posts: 1763
13 years ago
Apr 21, 2011 12:49
is china finally yield could bring usdx back?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 21, 2011 12:07
Ultimately an unexpected uncontrollable event will mess their game.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 21, 2011 12:04
I agree, Fed incredibly skilled at "talking" the DX into gentle persistent decline with rets along the way. Nothing too dramatic to cause undue alarm. And now recently their communications to the world have been stepped up to take some pressure off Bernanke. Expanded team of communicators juggling the crowd to gently maintain the downward path of DX
Rezz
Vancouver, Canada
Posts: 53
13 years ago
Apr 21, 2011 3:19
@jacek, I wouldnt be surprised if they took out the "extended period" language. That would stabilize the USDX in a beat and shake things up. I anticipate this latest assault on USDX is being made to maximize returns from forced closing of margin accounts before the main reversal. I expect a pullback before wednesday. The question is how low it will go before then?
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 21, 2011 3:10
But again Easter is time of Resurrection.. so maybe miracle will happens at FOMC on Wednesday..
Happy Easter
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 21, 2011 2:45
Oh well.. USD debasement trade continuing strongly in asia pacific the long all fx versus the dollar looks crowded but no sign of exhaustion yet.. so let's party at dollars Wake.. intraday at least..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 21, 2011 0:13
yeah jacek, everything has changed in last coupla yrs. NYSE breadth not what it used to be either. NYSE volume 66% algo b/s.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 21, 2011 0:12
DXY survived that assault yesterday.. maybe time to grab another per un pugno di dollari..
..
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