Forum

Posts by "callum"

241 Posts Total by "callum":
177 Posts by member
Callum
(Singapore, Singapore)
64 Posts by Anonymous "callum":
Callum
Singapore, Singapore
Posts: 179
13 years ago
Mar 4, 2011 14:48
In Thread: EUR
Are there any scenario(s) that would get the EUR/USD to head south in the sub 1.30 zone?

NFP appeared good but clearly not enough to move the needle. If anything, it may have slowed EUR/USD prop into the sub 1.40 levels.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 27, 2011 5:30
In Thread: EUR
Catnip, do you see us returning sub 1.20 in March?
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 14, 2011 3:15
In Thread: JPY
I'm out of long USDJPY, now looking at re-entry. Anyone has suggestions for re-entry levels? Looks like the next key support just above 82.80/90 region
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 14, 2011 3:08
Monday Risk ON - with Asian equities on steroids today :-) ASX likely to test 5,000 and just look at Heng Seng. What's the likelyhood of China raising rates tomorrow (Tue Asia).

Anyone shorting?

Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 8, 2011 14:54
In Thread: EUR
Anyone shorting EUR/GBP?
Callum
Singapore
Posted Anonymously
13 years ago
Feb 8, 2011 13:41
Today's response was no different to the last hike, we saw a small blip before resuming to the highs. Unless we see SPX crash, AUDUSD shorts are worst to CARRY due to interest rate differentials.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 6, 2011 10:27
Jim was seen on CNBC Europe late last week saying he's short NASDAQ ... I think I heard this is first time he's short on Equity index. Rest he's always maintained his bullish position on commodities.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 4, 2011 7:21
Chloe, I am looking at similar scenarios of AUDUSD breaking above all-time high assuming 50:50 probability on NFP, wit the bullish scenario as follows:
1. SPX pushing higher and maintains above 1300. Test 1320?
2. Gold moving towards 1400 (and other commodity plays**)
3. Shanghai Composite floating higher.

AUD for now doesn't seem to be just a USD dollar story. It's back above key daily moving averages above the likes of the strong SGD. (I use SGD as benchmark against other Australasian ccy)

**While Ben B doesn't want to be blamed for higher commodity prices, commodity prices are continuing to push higher. I don't know if my correlations to commodities / gold to AUD is still valid ....
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 4, 2011 4:54
As for China rate hike, I struggle to see Chinese central bankers and govt officials taking time out of their travels and family gathering to release news that will dampen the spring festival sentiments over the next 5 days. We are already well past Chinese New Year... So probably time to go back to the drawing board and re-think timing for Chinese hikes.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Feb 3, 2011 20:55
Funny how Ben referenced emerging markets have tools to manage inflation in their country, eg, raising currencies :-) Doesn't require a genius to see he is talking about China.... Where's the China rate hike?