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Posts by "cougr"
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cougr
Australia
Posts:
101
15 years ago
Jul 2, 2009 14:35
In Thread: US Dollar Index 14-Year Chart
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.
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cougr
Australia
Posts:
101
15 years ago
Jul 2, 2009 13:53
In Thread: US Dollar Index 14-Year Chart
My post immediately below was referring to the "commodities argument " and currency valuations previously alluded to by both spec and Ashraf .
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cougr
Australia
Posts:
101
15 years ago
Jul 2, 2009 10:47
In Thread: US Dollar Index 14-Year Chart
Correction ,obvious mistake below ,should read emerging markets.
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cougr
Australia
Posts:
101
15 years ago
Jul 2, 2009 10:43
In Thread: US Dollar Index 14-Year Chart
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.
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cougr
Australia
Posts:
101
15 years ago
Jul 1, 2009 15:53
In Thread: USDJPY 4-week Cycles
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cougr
Australia
Posts:
101
15 years ago
Jul 1, 2009 1:57
In Thread: Green Shoots Fatigue & Intermarket Setup
Forexwolf ,interesting dates , they correspond with the Obama - Putin summit.
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cougr
Australia
Posts:
101
15 years ago
Jun 30, 2009 23:28
In Thread: Green Shoots Fatigue & Intermarket Setup
My pleasure Rob ,the information I provided below is very basic but good to begin with.
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cougr
Australia
Posts:
101
15 years ago
Jun 30, 2009 23:14
In Thread: Where will EURUSD close by end of June?
Thanks Ashraf
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cougr
Australia
Posts:
101
15 years ago
Jun 30, 2009 22:49
In Thread: Where will EURUSD close by end of June?
Ashraf or anyone , could you recommmend a site that provides live prices( even if they're slightly delayed) to the futures markets.
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cougr
Australia
Posts:
101
15 years ago
Jun 30, 2009 16:10
In Thread: Green Shoots Fatigue & Intermarket Setup
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.
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