Posts by "qin"

Sorry, Ashraf
I didn't really look it carefully. To be honesty, I just notice that currencies is affected by bond market last week, when people were talking about selling bonds.

By the way, there are many investors and analysts encourage people short USD and long commodity currencies.
But the banks like USB and RBC are now talking about selling EUR and buying USD. It remind me that banks said buy GBP and sell USD when BOE was announcing print more money to buy gilts.

I am little scary of recently market, don't know whom I should listen to. Do you have any clue why the banks are talking about long USD and short EUR? And if it is possible that EUR will get weak for a while, will it affect to long CAD and AUD and short USD? I am looking for a chance to long AUD, CAD and short USD now.

Best regards
Qin

Hey, Ashraf
I still don't understand the chart about EUR/USD and 10 yield bond which you showed on the web.

According the chart and your explanation in 2008 October, if the bond yield is rising, it will make EUR/USD weak.
As you reply to me that you still see EUR/USD will go to 1.5, which means that the bond yield will go down or keep flat. Is that correct? On another hand, what will happen to the commodity price?

Best regards
Qin

Hey, Ashraf
UBS has some comment on EUR/USD recently. They think EUR/USD will start declining from here, because the bond yield is rising.
Personally, I am still bullish on EUR/USD.

What do you think about EUR/USD, will it really break 1.4 and ahead to 1.3 in three months?