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130 Posts Total by "mo":
124 Posts by member
mo
(liverpool, United Kingdom)
6 Posts by Anonymous "mo":
 
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mo
liverpool, UK
Posts: 123
15 years ago
May 29, 2009 15:48
In Thread: Speculators' Futures FX Positions

Thank you Ashraf

I also would like to high light that last time usd/cad reached 1.10 was on the 6th of October last year , at that time the S&P 500 was standing at 1320 , Dow was 10066, and oil at 82 ,

And before that on May /2006
S&P 500 was standing at 1320 , Dow 11500, and oil at 64.
mo
liverpool, UK
Posts: 123
15 years ago
May 29, 2009 14:30
In Thread: Speculators' Futures FX Positions
Hello Ashraf

Following your comment the pace of the decline in USDCAD from 1.30 to 1.10 in 13 weeks was rapid, but as rapid as the rise from the 1.0580 low in October to the 1.3020 high in October, which lasted only 4 weeks

But when the Usd/cad reached 1.302 in October it was followed by correction of 1500 pips, do you see the same thing happening now upon USD reach 1.08-1.03 level.
mo
liverpool, UK
Posts: 123
15 years ago
May 26, 2009 22:13
In Thread: How low will GBPUSD go in May?
Hello Asharf
Do you think the decline of the Us dollar against the Canadian is over done , I.e the US dollar declined from 1.3050 to 1.1150 in two and half months. I took twenty one months from Sepetember 2004 to May 2006 to fall the same amount .
mo
liverpool, UK
Posts: 123
15 years ago
May 2, 2009 14:22
In Thread: How low will GBPUSD go in May?
The general trend is to the downside as far as 1.5270 remains intact with a long term targets at 1.3400 and below.
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