I think regardless what the GDP number -above or below -1.5- the USD will rally today against all currencies except the Yen. A good GDP number is already priced in,, so of worse than expect number come out then the selling will be very aggressive.
Hello Ashraf On day where the s&p500 almost reached 1000, the Euro still cant find buyers. Is the correlation between stocks and Euro has been broken down.
Ashraf what is your end of 3rd quarter forecast for the GBP/USD and Euro/USD? thanks
Hello Ashraf Despite falling stock market, failing oil, big contraction in GDP last Friday, and more farther QE in August the Cable managed to held it is ground, any explanation?
hello Qin Yes the Canadian dollar had big rally against the USD,, almost 8% in the last 2 weeks . I think it is due for correction next week which will take it to 1.13-1.1425.
Hello Qin Stock rallying for 9th day in the raw very impressive. I havent close my position because it is quite small 0.8 lots, I will wait until tomorrow GDP to decide ,My stop loss is above the June high. i think it is highly unlikely that this rally will continue next week.
I will read the document you send me later today Did you had any long CAD position today? How many open position do you have now?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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What is your next week outlook in GBP/USD?
thanks
I think regardless what the GDP number -above or below -1.5- the USD will rally today against all currencies except the Yen.
A good GDP number is already priced in,, so of worse than expect number come out then the selling will be very aggressive.
On day where the s&p500 almost reached 1000, the Euro still cant find buyers. Is the correlation between stocks and Euro has been broken down.
Ashraf what is your end of 3rd quarter forecast for the GBP/USD and Euro/USD?
thanks
Good Call in NZD/USD , I made nice profite
Thanks
Despite falling stock market, failing oil, big contraction in GDP last Friday, and more farther QE in August the Cable managed to held it is ground, any explanation?
thanks
GBP/USD spiked up 150 pip in very short time. Any reason?
Thanks
Following yesterdays BOC comment regarding any farther strength on the CAD will be negative for the economical growth,
Ashraf at what level aginst the USD do you see the central bank will intervene to steam the appreciation of Canadian dollar?
THANKS
I havent read the paper yet I had to go out last night, I will read it over the week end.
Did you miss the most aggressive rally in the CAD I ever seen. It is just breathtaking.
Yes the Canadian dollar had big rally against the USD,, almost 8% in the last 2 weeks . I think it is due for correction next week which will take it to 1.13-1.1425.
I hope the GPB/USD close below 1.6580
Good luck to you
Stock rallying for 9th day in the raw very impressive.
I havent close my position because it is quite small 0.8 lots, I will wait until tomorrow GDP to decide ,My stop loss is above the June high.
i think it is highly unlikely that this rally will continue next week.
I will read the document you send me later today
Did you had any long CAD position today? How many open position do you have now?