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by Ashraf Laidi
Posted: May 4, 2010 17:30
Comments: 22
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1999 & 2010 Similarities in USD, Euro

The dollar index is set to start its longest MONTHLY winning streak since Jan-June 1999, a year when the USD bullishness and euro gloom was at its maximum
 
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nhtajnznfa, Andorra
Posted Anonymously
14 years ago
Jun 16, 2010 8:44
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 17, 2010 1:00
abdulrss, i dont see how these social media applications will see their end as many have found their usefulness.

ANOTHER major similarity with 1999 is the spectacular about face from the ECB, turning to a rate cut in from being so stubbornly hawkish.

The ECB's hane was forced by the economy in 1999 and today its forced by the sovereign debt crisis. And when centbanks make such a 180 turn, currencies do collapse.

Ashraf
abdulrss
Posted Anonymously
15 years ago
May 14, 2010 11:58
Hi Ashraf,
Very interesting to read your article on 1999 & 2010 similarities in USD Index. One query on it - 1999, we saw a huge rise in NASDAQ (tech stocks), and tech sector is performing quite well now. There is so much hype being built around social medis networking (likes of twitter etc). Do you think we might see a similar bubble build in tech stocks this time around too?

Cheers,
Abdulrss
Saka
China
Posts: 29
15 years ago
May 6, 2010 15:45
Thanks for your help, Ashraf

From learning history, I know at different period, market has different foucs. This is really a work which needs more experience to know which fact leads the whole market. I will keep on learning your book.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 6, 2010 13:05
$USDX + $GOLD on a tear vs everything else. USD INDEX +3.3% so far this week, biggest weekly gain since 10/08


Ashraf
PureStones
Korea Sout
Posted Anonymously
15 years ago
May 6, 2010 10:30
i have debt in your excellent analysis. the point is entry time. big picture is very accuracy. thanks ashraf for your help!!! ^!^;
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 6, 2010 9:30
Rob, 93.50 is not a bad point to buy USDJPY for 95 and 96 later in month. We can see 92.80 though if US jobs are disappointing, at which point is a better buy.

Ashraf
Rob
New York, United States
Posts: 305
15 years ago
May 5, 2010 19:14
Hi Ashraf,

I'm long USD/JPY and wondering if you could give a solid support level for the pair. Not sure if I should add to my position at this point. Seems a winner in the long-run, but for now, risk-aversion seems to be crushing it. Any thoughts would be appreciated. Thanks.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 5, 2010 18:21
Stationdelaer, yes Chine bubbleburst would hurt commodity currencies too. But the ensuing damage on global equities would also hit the very vulnerable euro.

Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
May 5, 2010 18:13
I don't think call China bubble burst is anyway far fetched. About 60% of GDP is related to construction.
Sounds familiar ... if China goes bust UST goes bust, too ..and that is deflation not inflation.