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DaveKerrtheThird
United States
Posts:
2
15 years ago
Oct 6, 2009 0:51
In Thread: When Will GOLD Hit $1,050?
What are you views on hedging overall? You mentioned to hedge short USD/JPY on long EUR/USD and GBP/USD positions. Do you find this useful, or limiting on potential profits? For example, would you recommend a long AUD/USD position going into tonight versus a short AUD/JPY position longer term?
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DaveKerrtheThird
United States
Posts:
2
15 years ago
Oct 1, 2009 23:16
In Thread: EUR Trade Index 18-Year Chart
Do you have any more thoughts on a NFP # tmrw? Market consensus is about -175K. Yesterday you mentioned a rumor of Goldman speaking to clients regarding a surpise improvement, or at least a "not as bad" number... So with an ADP overstimate as you mentioned (254K-130K, thus making NFP approximately -124K), and this rumor potentially being accurate, would you say the risk of surpise is more to the upside, or in favor of risk trades (negative for USD)? Or, as has happened in the past, would it be potentially positive for risk/equities as well as the USD being that it may show the US recovering more quickly? Or, would you say the normal correlations will remain - negative for risk/equities, positive for USD? Thanks for your thoughts, your insight has been incredible since I began following you only 3 weeks ago.
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