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life
(Ljubljana, Slovenia)
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life
Slovenia
Posted Anonymously
15 years ago
Sep 3, 2009 8:17
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Asad,

FXHandler is right, figures that you here to break even (60-65 USD) do not refer to cost of oil production but to have yearly country budget's break even and not falling into deficit, which would negatively reflect on their currency reserves.
life
Ljubljana, Slovenia
Posts: 2
15 years ago
Aug 26, 2009 12:31
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
FXHandler,

JPY to risky, have you considered CHF instead? SNB wants EUR/CHF above 1.5.
life
Ljubljana, Slovenia
Posts: 2
15 years ago
Aug 12, 2009 20:16
In Thread: Speculators' Futures FX Positions
Steven, likewise. I think it will come back down soon or a later. USD should benefit from slowing QE.
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