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Posts by "rob"
366
Posts Total by "rob":
33 Posts by Anonymous "rob":
How about the EUR/JPY? That seems to have no resistance whatsoever. It's been rising steadily since the end of January. Do you have targets for EUR/JPY - 140.00 (slight exaggeration) wouldn't surprise me by the end of this month at this point. Thanks a lot!
Thanks for the many great calls in the past few days (NOK, AUD, CAD). With a potentially large bear market rally brewing, risk appetite rising, and psuedo market(s) stability, do you still see Gold holding up at $885? Thanks
Considering the terrible conditions in Japan - do you see a perpetual rise in USD/JPY because no one wants the JPY and the USD is still a safe currency even if the VIX rises and risk-appetite plummets with the next inevitable downturn in equities. Good time to go long USD/JPY? I see no good reason for it to turn down. Thanks and hope the Expo in NY was successful for you - glad we got a chance to meet!
Thanks for your comments to Hamish, I was thinking that the only reason AUD/CAD wasn't going higher must have been because of risk aversion. Does CAD become a "safe" currency against others because of its association with the USD and US economy?
Also, with your comments yesterday on stock indices sliding another 30-35% - wouldn't that mean a ton more risk aversion coming, further punishing AUD/CAD? Do you have a time frame for AUD/CAD rising, and I presume the hot chart still stands accurate?
Also, is JPY getting punished because of their terrible situation? - I would expect USD and EUR to be losing against JPY with all the risk aversion now and more coming. Thanks for your comments.
Now are you saying buy NOK against the USD or EUR. Also, what is your concept of "long-term" for NOK - 6 months, 1 year...? Is this for a long-term carry trade coupled with fundamentals in favor of NOK? The spread is enormous! Thanks for your response!
With VIX going lower, is that a good enough signal to send USD/JPY higher today, despite your long-term call of 75-80? Also, with risk appetite on the rise as a result of equities higher, etc., do you see EUR/USD going lower to sub-128 simply based on better US fundamentals, and not related to risk appetite. Thanks
Does BoJ buying stakes in banks mean JPY loses across the board? Thoughts and targets on EUR/JPY would be appreciated. Thanks