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Posts by "cougr"

109 Posts Total by "cougr":
101 Posts by member
cougr
(Australia)
8 Posts by Anonymous "cougr":
cougr
Australia
Posts: 101
15 years ago
Jul 2, 2009 14:35
Spec , I don't have data going back 20 years but a cursory glance at 10 years worth of data tends to support the argument ,and although it would be difficult to give a a comprehensive answer as to the precise factors affecting these relationships (ie bn us dollar commodities euro and aussie ) one could hypothesise that their are psychological factors impacting on these so that an increase of demand for commodities in general does impact on euro and aussie demand to the detriment of the dollar and vice versa.
cougr
Australia
Posts: 101
15 years ago
Jul 2, 2009 13:53
My post immediately below was referring to the "commodities argument " and currency valuations previously alluded to by both spec and Ashraf .
cougr
Australia
Posts: 101
15 years ago
Jul 2, 2009 10:47
Correction ,obvious mistake below ,should read emerging markets.
cougr
Australia
Posts: 101
15 years ago
Jul 2, 2009 10:43
Spec ,if you compare the chart of the emering markets index you will note its inverse relationship to the dollar. Signs of strength in this index portend a weaker dollar down the road. Also apart from the myriads fundamental reasons for a weaker dollar all of which have received copious coverage,perhaps the most cogent argument for further weakness comes from the fact ,as Ashraf has pointed out many times previously ,that the dollar is in a secular bear market which has many more years to run. Sure the dollar is going to have its periods of bullish runs but the longer term trend remains downwards.
cougr
Australia
Posts: 101
15 years ago
Jul 1, 2009 15:53
Precariously close to breakdown.
cougr
Australia
Posts: 101
15 years ago
Jul 1, 2009 1:57
Forexwolf ,interesting dates , they correspond with the Obama - Putin summit.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 23:28
My pleasure Rob ,the information I provided below is very basic but good to begin with.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 23:14
Thanks Ashraf
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 22:49
Ashraf or anyone , could you recommmend a site that provides live prices( even if they're slightly delayed) to the futures markets.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 16:10
End of month only a few hours away and GBP EUR AUD are all presently displaying spinning tops on their monthly charts .Doesn't augur too well for these currencies.