Forum Posts by : callum (Forum Member)

Callum

Singapore

Posted Anonymously

14 years ago

Mar 18, 2010 6:04

In Thread: Commodity FX (CAD AUD NZD NOK)

@chloe - I am also deeply concerned (because of my shorts on EU GBP CAD etc) about the US seemingly trying to do "whatever it takes" to drive USD lower, so that exports look better before the mid-term election, even if it means a full fledged trade war with China. I struggle to tell who's the currency manipulator. If you owned $900B of US dollars, and would you be easily forced to see it go down? It be such a loss of "face" to China if they appreciate RMB because of current US tactic. I am guessing here, but feel that RMB would appreciate in its due course this year, but immediate question is, when would China raise their lending rates....
As for UK/GBP, maybe I am need to consider doing what Jim Rogers is doing. I was watching him yesterday and noted that he doesn't have any long nor shorts on GBP.

Callum

Singapore

Posted Anonymously

14 years ago

Mar 16, 2010 22:04

In Thread: Commodity FX (CAD AUD NZD NOK)

Westpac's target of 93 in March looking like closer than ever now that AUDUSD breached above 92 handle... Is this break above 92 a big deal?

Just curious whether traders are propping ASX until it reaches 5,000 level?? Kudos to those Westpac guys this month!

I am also curious if there is some fundamental shift here given that this month neither good jobs at NFP, retail nor relatively predictable FOMC mounted a significant rally in the USDX unlike earlier months this year??

Callum

Singapore

Posted Anonymously

14 years ago

Mar 16, 2010 15:38

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

@chloe, @pipped, even the S&P500 seems to pushing above 1150.... Scary !!! Let's keep our fingers crossed and hope for for the best out of the FOMC ... and maybe the BOE speech also...

Callum

Singapore

Posted Anonymously

14 years ago

Mar 15, 2010 13:58

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

I wonder how much is the market reading into the Janet Yellen story, and whether she could now have a bigger influence on keeping the interest rates low for extended period storyline. Tomorrow's FOMC would be interesting.

Callum

Singapore

Posted Anonymously

14 years ago

Mar 15, 2010 10:50

In Thread: GBP

Not sure if anyone noticed, in the past 3 monday, Cable has taken a big fall.

Anyone got any idea why cable fell but GBPJPY still looking very stubborn?

This time, is this because of the Moody's report on AAA rating for US and UK?

Callum

Singapore

Posted Anonymously

14 years ago

Mar 12, 2010 19:40

In Thread: GBP

Hi Ashraf, sometimes I hear Chinese release data on weekends incl Sunday. Do you think this is likely? I also noted your comment this is not a scheduled release, so this could be anyone's guess :-)

Callum

Singapore

Posted Anonymously

14 years ago

Mar 12, 2010 9:08

In Thread: Trading, Analysis (Technical/Fundamental)

@Desi, I would love to learn from you where you get the China rate data, and schedule. It's a pity I can't get this from usual economic calendar.

Callum

Singapore

Posted Anonymously

14 years ago

Mar 11, 2010 17:20

In Thread: S&P500 / VIX Ratio & USD LIBOR

anyone shorting S&P at these levels? I am just wondering whether it will try to test 1150 first before a collapse.

Callum

Singapore

Posted Anonymously

14 years ago

Mar 11, 2010 16:41

In Thread: Trading, Analysis (Technical/Fundamental)

Here's the latest from Ashraf's tweet: "i see 70% (from 40%) chance for 27-bp hike in China's 1-yr LENDING rate tomorrow. #china #pboc $USDX #market $SDS $GLD $$"

What's the implication of this 27-bp hike? Stronger $USDX?

Callum

Singapore

Posted Anonymously

14 years ago

Mar 11, 2010 15:12

In Thread: EUR

@pipster - EURUSD is going to be frustrating (at least for me) to trade given the range getting smaller, just waiting for a breakout either direction.

Posts by "callum"